A & B Brokers is a residential property management firm serving Chattanooga landlords and property owners with tenant screening, rent collection, maintenance coordination, and lease enforcement. The company handles portfolios ranging from single-family rentals to small multi-unit buildings across the city and surrounding areas, positioning itself as an alternative to larger regional chains and independent self-management.
A & B Brokers manages properties on behalf of owners, handling the operational and legal tasks that landlords typically delegate when they lack time, expertise, or appetite for direct tenant interaction. The company screens prospective tenants, executes leases, collects rent, processes maintenance requests, handles tenant communication, manages evictions when necessary, and prepares year-end accounting statements. It does not buy, sell, or list properties for sale; it exclusively manages properties on behalf of existing owners.
The firm operates primarily in single-family homes and small apartment buildings within Chattanooga and nearby suburbs. Its client base tends to skew toward owners with fewer than ten properties, though it accepts larger portfolios.
A & B Brokers charges a percentage of monthly collected rent, with rates typically ranging from 8 to 12 percent depending on property type and portfolio size. A single-family home generally falls into the lower range; multi-unit buildings, which generate more administrative overhead per dollar collected, often sit at the higher end. Some owners report leasing fees of one month's rent when A & B places a tenant, though this should be confirmed directly.
Routine services included in the management fee are tenant screening (credit, criminal, eviction history checks), lease drafting and execution, monthly rent collection and deposit, maintenance request processing, tenant communication, and financial reporting. Owners typically pay additional costs out of pocket: property repairs beyond a threshold (often $250 to $500, depending on the agreement), eviction attorney fees, property inspections, and specialized services like pool maintenance or pest control.
The company does not offer property acquisition, investment advisory, or realtor services; it is strictly operational management.
Chattanooga landlords have roughly three alternatives: self-management, independent property managers, and larger regional or national chains.
Self-management costs nothing in fees but requires the owner to handle tenant screening, lease compliance, maintenance coordination, and potential eviction proceedings personally. Most owner-operators in Chattanooga report this takes 5 to 10 hours per month per property, and legal missteps are common.
Independent property managers and small firms like A & B Brokers typically charge 8 to 12 percent of rent and offer closer, more personalized attention than corporate chains. Response times and management style vary widely by firm. Choose an independent manager if you want a relationship with someone who knows your property and can make quick judgment calls without layers of approval.
Larger regional or national chains (such as Waypoint Homes or Invitation Homes in acquisition markets, or locally affiliated branches of companies like FirstService Residential) charge similar percentages but operate with standardized systems, longer response times, and less direct owner access. They excel at managing large portfolios and enforcing uniform policies; they are slower for individual property concerns. Choose a large chain if you own many properties and value consistency and risk mitigation over flexibility.
A & B Brokers sits in the independent category: personal enough to respond quickly, large enough to have process and experience, and cheaper than most chains on a percentage basis.
A & B Brokers suits Chattanooga landlords with one to ten properties who want hands-off management but do not want to pay the overhead of a national brand. It is practical for owners living out of state, owners with full-time jobs, and owners who have experienced tenant disputes or maintenance chaos while self-managing.
A & B Brokers is not a fit for owners who want to maintain close involvement in maintenance decisions, those with complex properties (commercial mixed-use, specialized equipment, high-end finishes), or those in markets where the company does not operate. It is also less practical for new investors seeking acquisition guidance or portfolio strategy advice; that requires a realtor or investment consultant, not a property manager.
Prospective clients typically contact A & B Brokers with property details (address, unit count, current rent, lease end date). The company arranges a walkthrough or phone consultation to assess the property's condition and any current tenant situation. If the property is vacant, A & B handles advertising, tenant screening, and lease execution. If a tenant is already in place, A & B reviews the existing lease, may request updates to bring it into compliance with current Chattanooga and Tennessee law, and begins collecting rent on the new schedule.
Expect the transition to take two to four weeks if tenants are current and cooperative, longer if there are lease disputes or property condition issues that need documenting.
Verify current office hours and phone contact information by calling ahead or checking the firm's current listing. Property managers in Chattanooga typically maintain weekday office hours with emergency maintenance lines for serious tenant issues (burst pipes, no heat, security problems). Confirm whether A & B offers after-hours support and what tenant emergencies the owner is responsible for versus what the manager handles.
A & B Brokers fills a practical gap between complete self-management and corporate property management for Chattanooga owners who want reliability without paying for a national company's overhead.
