How Do I Choose the Right Offer When Selling My Home in Levittown?

Getting an offer on your Levittown home is exciting — but choosing the right offer is just as important as getting one in the first place. The highest price isn’t always the best choice. Terms, financing, timing, and buyer strength all matter. With guidance from Eric Berman REALTOR, you can evaluate offers confidently and select the one most likely to close smoothly and profitably.

Don’t Focus Only on Price — Look at the Full Package

Many Levittown sellers make the mistake of looking only at the offer price.
But a strong offer includes multiple components, such as:

• Down payment amount

• Financing type (conventional, FHA, VA, cash)

• Requested credits

• Contingencies

• Proposed timeline

• Strength of the buyer’s lender

• Buyer flexibility and motivations

A slightly lower price from a strong, well-qualified buyer often results in a smoother closing than a high offer with weak terms.

Understand the Buyer’s Financing

Financing plays a major role in whether the deal closes on time — or at all.

Cash Offers

• Fastest closing timelines

• No appraisal requirement

• Fewer financing risks

• Highly attractive in multiple-offer situations

Conventional Loans

• Strong overall

• Typically larger down payments

• Lower risk of appraisal gaps

FHA or VA Loans

• Can be great buyers

• May require specific property conditions

• Often come with smaller down payments

Your agent helps evaluate how each financing option affects your bottom line and the likelihood of a smooth close.

Look Closely at Contingencies

Contingencies protect the buyer — but they can create hurdles for sellers.
Understanding the main types helps you compare offers accurately.

Inspection Contingency

Most Levittown buyers will still request an inspection.
But look at:

• How strict the contingency is

• Whether buyers will request repairs or credits

• Whether they’re buying “as is”

Appraisal Contingency

For financed buyers, lenders require appraisals.
Review whether:

• Buyers will cover an appraisal gap

• They will renegotiate

• They expect you to lower the price

Home Sale Contingency

Least desirable — it means the buyer must sell their home first.

The fewer the contingencies, the cleaner the offer.

Timeline and Flexibility Matter

Your ideal timeline should align with the buyer’s proposed schedule. Consider:

• How soon you want to move

• Whether you are also buying a new home

• Whether the buyer offers a rent-back

• Closing date flexibility

If buyer flexibility helps you avoid temporary housing or rushed moves, it may make an offer more valuable.

Evaluate the Buyer’s Earnest Money Deposit

A strong deposit signals a serious buyer.
It also gives financial assurance that the buyer is committed to seeing the transaction through.

In Levittown, earnest money deposits commonly range from 5% to 10% of the purchase price.

Consider the Buyer’s Motivation

Understanding why the buyer wants your home can help predict how committed they are.

Common strong motivators include:

• Wanting to be in the Island Trees or Levittown school districts

• Needing to relocate quickly

• Being close to family

• Upsizing or downsizing due to life changes

Motivated buyers tend to negotiate more collaboratively and close more reliably.

Don’t Ignore the Buyer’s Lender

A strong lender can make or break a transaction.

Red flags include:

• Unresponsive loan officers

• Online-only lenders with slow turnaround times

• Preapprovals missing key information

Preferred lenders with a solid reputation in Nassau County usually contribute to faster, smoother closings.

Compare Offers Side-by-Side

A good way to evaluate offers is with an offer comparison sheet.
Eric provides Levittown sellers with a detailed breakdown showing:

• Net proceeds

• Closing timelines

• Contingencies

• Appraisal risks

• Deposit amounts

• Buyer financial strength

This ensures you choose the offer that aligns with your goals — not just the highest number.

FAQs

1. Is the highest offer always the best one?
Not necessarily — terms, contingencies, and financing strength often matter more than price alone.
👉 Get help comparing offers from Eric Berman REALTOR.

2. What makes a buyer’s offer strong in Levittown?
Large deposits, strong financing, fewer contingencies, and flexible timelines all contribute to a better offer.
👉 Ask Eric Berman REALTOR how to identify strong offer terms.

3. How do I evaluate the buyer’s financing?
Your agent looks at loan type, down payment, lender reliability, and the buyer’s financial profile.
👉 Review financing options with Eric Berman REALTOR.

4. Should I accept a cash offer even if it’s lower?
Cash often means faster closings and fewer risks, which can outweigh a slightly lower price.
👉 Discuss cash offer strategies with Eric Berman REALTOR.

5. What happens if multiple offers come in at once?
Your agent will compare them side-by-side and help you negotiate the strongest terms.
👉 Get expert multiple-offer guidance from Eric Berman REALTOR.

Eric Berman, REALTOR®
Compass Greater NY
917-225-8596
eric@ericbermanteam.com
www.theericbermanteam.com