Help me explain to hubby why sellers prefer 20% down to 5% down

[/u/CapeGirl1959]

Looking to buy a $600K house in northern MD in the next few months. Not a crazy market right now, but homes are only on the market for a few days and there are usually multiple offers. Our realtor explained that most sellers will accept an offer with a 20% down conventional mortgage over one with only 5% down. My husband insists this makes no sense - that the seller gets their money either way. Help me explain why this happens so I can get him past this.

Edited to add: we will be pre-approved for the loan when we put in any offers.

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Help me explain to hubby why sellers prefer 20% down to 5% down
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