Is a Home Warranty Worth It When Selling a Home on Long Island?

When you're getting ready to sell your Long Island home, you're juggling pricing, timing, improvements, and marketing. A home warranty might sound like one more thing to add to the list — but in many cases, it can make your listing more attractive and give buyers extra confidence. Here's how to decide if it's worth it for your sale.

What a Home Warranty Actually Covers

A home warranty is a service contract that covers repair or replacement of major systems and appliances due to normal wear and tear. It's different from homeowners insurance, which covers unexpected damage like fires or storms.

A standard warranty may cover:

  • HVAC systems

  • Plumbing

  • Electrical systems

  • Refrigerators, stoves, and other appliances

  • Water heaters

On Long Island, where many homes are older, these systems matter. Buyers often appreciate the peace of mind.

Why Some Long Island Sellers Choose to Offer One

Offering a home warranty can make your home stand out — especially if you're competing with similar properties.

Helps Buyers Feel More Confident

A warranty reassures buyers that if something breaks soon after closing, they won't face a big bill.

Reduces Pushback on Inspection Issues

If the home inspection reveals older systems, a warranty can make buyers more comfortable moving forward.

Can Make Your Listing More Marketable

In a slower market or when inventory rises, extra incentives like warranties help attract attention.

Eric Berman REALTOR often recommends warranties in situations where buyers may have concerns about aging systems or when a home needs cosmetic updates but has "good bones."

When a Home Warranty Might Not Make a Difference

It's not always necessary.

Your Home Is New or Recently Renovated

If everything is already under manufacturer warranty, adding a separate warranty won’t add much value.

You're in a Hot Seller’s Market

When demand is high and inventory is low, buyers may overlook inspection concerns just to secure a home.

The Systems Are Nearing the End of Their Life

A home warranty won’t cover pre-existing issues or items already failing. In that case, a repair or replacement may be more effective.

What Home Warranties Typically Cost

Most warranties range from $400–$800 for a year of coverage. Some companies let the seller pay at closing so you don’t face an upfront cost.

For many Long Island sellers, the potential marketing advantage outweighs the cost — especially if it helps avoid credit negotiations during inspections.

Should You Offer One?

If your home’s systems are older but still functional, a warranty can be a smart strategic move.

If you’re unsure, Eric Berman REALTOR can help you decide based on your home’s condition, buyer demand in your price range, and the trends in your specific part of Long Island.

FAQs

Is a home warranty required when selling a home on Long Island?

No, it’s optional. But it can increase buyer confidence. For guidance on whether you should offer one, reach out here: 👉 https://www.theericbermanteam.com/contact-us

Will a home warranty help my home sell faster?

It can in some cases, especially if buyers are hesitant about older systems. Ask how this applies to your home: 👉 https://www.theericbermanteam.com/contact-us

Can buyers request a home warranty during negotiations?

Yes, this is common after inspections. Eric can walk you through how to respond strategically: 👉 https://www.theericbermanteam.com/contact-us

Do home warranties cover pre-existing issues?

Typically no. Coverage is for items that fail due to normal wear after closing. For help evaluating your systems, connect here: 👉 https://www.theericbermanteam.com/contact-us

Should I offer a warranty if my home is newly renovated?

Probably not, since much is already covered. If you're unsure, Eric can help you decide: 👉 https://www.theericbermanteam.com/contact-us

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