The Secret To Earning Dual Commissions in Indian Real Estate
Mon Mar 30, 2026


The Secret Double Paycheck Strategy:

How to Earn Dual Commissions

In Indian Real Estate


Author: Rakeshh Bhatia
Business Expansion Expert with 2 Decades of Experience as Commercial Real Estate Consultant, Business Advisor and Startup Mentor.

Say Yes to Dual Commissions

If you have been working as a commercial real estate agent in India for a while, you know the drill. You find a client, you show them ten different offices, you negotiate the rent, and after months of running around, you get a one-month commission from the landlord. It’s honest work, but it’s a "linear" way of earning.

But what if I told you that in the modern world of Coworking and Managed Offices, there is a way to close a single deal and get paid twice? 

This isn't a gimmick. It is a professional strategy called the BTS (Built-to-Suit) Managed Office model. In this guide, we will break down exactly how this works, why Indian companies are moving towards it, and how you can calculate your potential earnings using real-world Indian examples.

1. The Shift: Why Traditional Leasing is Getting Harder Before we get into the money, we need to understand the market. Post-2020, Indian companies—from startups in Bangalore to MNCs in Gurgaon—have become "Capex-averse." Capex is just a fancy word for "upfront spending." In a traditional office, a company has to spend crores of rupees on:

  • Interior designers and contractors.
  • Buying chairs, desks, and AC units.
  • Setting up server rooms and wiring.
  • Security and housekeeping staff.
Most CEOs now realize that their business is selling software or providing services, not managing toilets and electricity bills. This is why they want Serviced Offices. They want to pay one monthly fee and let someone else handle the headache.

2. What is a "Built-to-Suit" (BTS) Managed Office? Imagine a client needs a 100-seater office. They want their own branding on the wall, their own private meeting rooms, and their own culture. A standard coworking hub might feel too "communal" for them. 

In a BTS Deal, you (the expert) find a Raw Property (Bare Shell) and bring in a Flex Space Operator (like WeWork, Awfis, Indiqube, Smartworks or a local player). The operator takes the lease from the landlord, builds the office exactly how the client wants it, and then manages it for them. 

This is where your dual commission is born. While many struggle with traditional brokerage, a small group of experts is mastering the 'Dual Commission' model. If you want to skip the trial and error, you can check out our Certified Coworking and Flex Office Leasing Expert course. Now, let’s look at the math.

3. The Math: Traditional vs. Dual Commission Let’s look at a realistic example in a city like Pune or Hyderabad. Scenario: A client needs an office for 100 employees.

  • Requirement: Approx. 8,000 Sq. Ft. (Super Built-up).
  • Location: A Grade-A building in a prime business park.
  • Rent: ₹70 per Sq. Ft.
The Traditional Way (One Commission)
  1. You introduce the Client to the Landlord.
  2. The lease is signed at ₹5,60,000 per month (8,000 sq. ft. x ₹70).
  3. Your Payout: 1 month’s rent = ₹5,60,000. Wait time: Typically 3–6 months for the client to complete fit-outs before moving in.
The BTS Way (Dual Commission) In this model, you perform two roles, so you receive two payouts. You introduce a flex player in between. This means that Flex Player occupies the property and builds the office with all fit-outs as per the client’s requirements. And once the client occupies the space, the flex operator would also provide operational and admin services to run the office space for the client. 

Payout 1: The Sourcing Commission (From the Property Owner) You brought a "Tenant" (the Flex Operator) to the Landlord. Even though the end-user is the client, the operator is the one signing the long-term lease with the landlord.

  • Commission: 1 month’s rent from the Property Owner = 5,60,000.
Payout 2: The Service Commission (From the Flex Operator) The Flex Operator is selling a "Service" to the client. They charge the client "Per Seat." In a Grade-A building, a managed seat might cost ₹10,000 per month.
  • Total Deal Value: 100 seats x ₹10,000 = ₹10,00,000 per month.
  • Operator Commission: Most operators pay a percentage of the total contract value or a fixed multiple of the monthly seat rent. Let's say they pay 1 month of the seat rent as a referral fee.
  • Commission: 1 month of Seat Rent = ₹10,00,000.
Your Total Earnings: ₹5,60,000 + ₹10,00,000 = ₹15,60,000. By shifting from a "Square Foot" mindset to a "Service" mindset, you just turned a 5-lakh deal into a 15-lakh deal and earned 3X commissions compared to the traditional deal. 

Coworking and Flex Office Leasing Expert

How to Master the BTS Model? Learn the exact steps to finalize 100+ seater deals in our Special Program!

Click the Link To Join Coworking and Flex Office Leasing Expert

4. Step-by-Step: How to Execute this in India
To make this work, you can't just be an "agent" who shows properties. You have to be a "Consultant." Here is the workflow:
Step A: Spot the Requirement
Look for companies that are growing fast. If a company just raised Series B funding or a global firm is opening its first India "GCC" (Global Capability Center), they are your target. Always ask: "Are you looking to manage the office yourself, or would you prefer a fully managed, zero-Capex solution?"
Step B: Build your Operator Database
You must know every flex operator in your city. Don't just know their names; know their "vibe."
  • Some operators specialize in "Low-cost/High-density."
  • Some specialize in "Premium/Hospitality."
  • You need to know which operator has the "Capex" (the money) to invest in fitouts of a new space for your client.
Step C: The Pitch to the Client
You tell the client: "Instead of spending 3 Crores on interiors and hiring an Admin team, let’s find a raw space. I will bring in an operator who will build it exactly to your brand guidelines. You pay zero upfront and just one monthly invoice."
Step D: The Negotiation
This is the technical part. You have to balance the Landlord's rent expectations with the Operator's "Fit-out" budget. As the bridge, you ensure the Landlord gets a stable long-term tenant (the operator), and the Client gets a customized, full-service office.

5. Common Pitfalls (And how to avoid them)

  • The "Lock-in" Period: In flex deals, operators usually want a 3-year lock-in from the client to recover their furniture costs. Make sure your client understands this.
  • GST Impact: Remember that serviced office invoices carry 18% GST. For many companies, this is a "set-off" benefit, but for some, it’s a cost. Explain this clearly.
  • The "Double-Dip" Transparency: Always be professional. Many operators have clear policies for brokers. Make sure your paperwork with the operator is signed with agreed commissions before the client does a site visit.

6. Why This is the Best Time for MBAs and Professionals to Join CRE 

The Indian commercial real estate (CRE) market is no longer a "street-side" business. It has become a sophisticated financial product.

  • Data-Driven: You are using Google Maps, LinkedIn, and CRM tools.
  • Corporate Language: You are talking about ROI, Capex, and EBITDA.
  • Scalability: Once you close one 100-seater deal, you have the reputation to close a 500-seater deal.

Conclusion: Your Roadmap to Becoming a "Level 1" Expert Earning dual commissions isn't about working twice as hard; it's about being twice as smart. It’s about realizing that the property is just a "container," and the "service" inside it is what has the real value.

If you are ready to stop chasing small residential rentals and want to enter the high-stakes world of Corporate Leasing, start by mastering the Serviced Office model. It is the fastest entry point into the "Big Leagues" of Real Estate.

Coworking and Flex Office Leasing Expert

Don’t just be an agent; become a consultant
Click the Link To Join Coworking and Flex Office Leasing Expert

Enroll Now & Get the Free Ebook "Mastering CRE Assets”