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A person, in this case a female, who somehow attracts gay men. Not always in a sexual way, but in ways in which a man who was questioning their sexual orientation before meeting this person, figures out they're gay and reveal their orientation to said person before anyone else. Typically this sucks for the female, as 90% of the men that have come out to this female are very, very attractive.
Kyle: Paige, I need to tell you something. I just figured it out, and you're the first person I've told this to.

Paige: What is it?

Kyle: I'm gay.

Paige: Oh my gosh, you're the 10th person to come out of the closet to me first this past year! I'm such a fagnet!
fagnet by IisTooCute:)( June 28, 2010
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A person that attracts fags
All the gay guys keep talking to him, he's such a fagnet!
Fagnet by DarkangelUK January 12, 2004
Going out to meet hot the opposite sex and only being able to attract the most flamboyant people of the same sex. Thus, keeping you from getting laid.
Chris, everytime we go out dudes are always hitting on you, your such a fagnet.
fagnet by enola em evael July 24, 2010
A woman who attracts gay men
Liza Minelli is nearly as big a fagnet as her old Ma was!
Fagnet by Edna Sweetlove October 5, 2006
A person, usually straight, to whom homosexuals and bisexuals are drawn as friends.
My ex-wife is a fagnet. Every gay person, man or woman, for 500 miles will find her.
fagnet by coffee_sloth June 19, 2003
This guy asked to show me mine again.
Really that's sick.
Yea, I'm a fagnet.
True,
Fagnet by foug March 25, 2003
A straight woman who consistently attracts attention from gay men in various social and public settings.
Jackie: Dude, Kerry always finds random gay guys to buy her drinks and pay her cover charges.

Teo: Yeah, she is such a Fagnet.
Fagnet by MartyandKendal July 4, 2009