How to Choose the Best Offer in a Hot East Bay Market

In East Bay neighborhoods like Oakland’s Temescal or Walnut Creek’s Saranap, it’s not unusual to receive multiple offers after your home hits the market. While this is a great position to be in, choosing the “best” offer goes beyond the highest number.

Here’s what East Bay sellers should consider to make the most informed—and profitable—decision.

1. Look at the Full Offer Package
✔ Is the buyer offering all-cash?
✔ Are they using conventional, FHA, or VA financing?
✔ What contingencies are included?
✔ What’s the closing timeline?

2. Prioritize Certainty
In markets like Berkeley and Piedmont, a slightly lower all-cash offer might be better than a high financed offer with contingencies.

3. Evaluate Buyer Strength
A solid pre-approval letter (not just pre-qualification), high earnest money deposit, and flexible terms are signs of a serious buyer.

4. Understand Contingencies
Offers with waived inspection or appraisal contingencies may be risky for the buyer—but good for you if you need a fast close.

5. Talk With Your Agent
East Bay real estate agents are trained to break down offers and negotiate backup offers in case your first deal falls through.

Conclusion
If you’re selling in the competitive East Bay, take the time to evaluate every offer’s terms, strength, and likelihood of closing. The highest number isn’t always the smartest decision.