I have a house that is a fixer-upper. The agent that I listed it with now wants to buy it herself. She and her husband have decided that they would like to have a rental. I really don't think she originally was interested, but a number of investors have looked at it and I think her interest was peaked.

My question is...What kind of terms, particularly commissions, is fair?

OZ-
Real estate agents also buy houses.
I would treat the agent the exact same way that I would treat a "normal" buyer. Same terms, same commissions.

What does your listing agreement say?

treat them fairly. Just because they are want to buy it doesn't mean you should short them the commission. It's the same as if it were any other person

She would be a buyer just like any other buyer.

You might ask her if she would want to discount the sale price the amount of the commission because otherwise she would be liable for taxes.

Any other terms would be up to you and her to work out.

I'm an agent myself and disagree. If it were my property I'd negotiate for a lower selling price then I'd allow for a normal buyer if the buyer in question happened to be an agent who was going to "double dip" and get listing and buyer agent commission.

Regardless, no deal is done in a vacuum. See what the agent offers and decide if your net will be sufficient.

It could be that your property is simply underpriced.

go ahead and sell it to them