Is seller expected to pay 3%(of home value) to buyer for closing costs? My realtor said yes???I'm selling my home in MN. My realtor said that it is standard practice for buyers to request and recieve 3% of home value towards closing costs. this is over $12,000 for us. Is this standard practice?March 19 2010 - Woodbury00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.