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Mobile, Alabama · Reading two management proposals side by side
The percentage on the front page is the smallest part of the decision. Here is what to line up beside it, and the questions that get you a straight answer in writing.
A management fee is a price for an amount of work. Until you know the amount of work, the price has nothing to attach to.
So before you compare a single number, write out the work and ask each provider to mark every line included, extra or not offered:
That marked-up list is the comparison. Everything else is commentary on it.
Monthly management is rarely the only line. Ask each provider which of these creates a charge, how it is calculated, and whether it is capped:
None of those are improper. A manager who charges for turnover work is charging for work, and somebody has to do it. The only real problem is an event you did not know was an event. Getting the list in writing is what turns a surprise into a decision.
This is the clause owners skip and then think about constantly for the next two years.
Those three belong in a management agreement, not only on a web page. Ask anyone you are considering the same three questions, and ask for the answers in writing.
A manager holding money that belongs to someone else is holding it under Alabama license law, which is one of several reasons the license question comes before the fee question. We wrote that one up separately: does a property manager need a license in Alabama.
Read the end of the agreement before you enjoy the beginning of it.
Do not compare two percentages in the abstract. Put them against your actual rent and the events your property is actually likely to have in a year.
For scale while you are doing that: average rent for a two bedroom in the city of Mobile was $1,216 a month as of September 2026 (RentCafe, September 2026). A one bedroom averaged $1,020 and a three bedroom $1,592. Those are city averages, not your property, and they move.
Take your own rent. Multiply the monthly rate across twelve months. Then add the events: are you likely to place a tenant this year, renew one, carry a vacancy, run a turnover? Do that twice, once per proposal, with the same assumptions both times. The answer is frequently not the one with the smaller headline.
Arithmetic, not a quote, and not a prediction about your property.
Which of these are included, which cost extra, and which do you not do at all?
How many inspections a year are included, and what do I get afterwards?
Which events create a charge, how is each calculated, and is any of it capped?
Does the monthly fee continue while the property sits empty?
What can be spent without asking me, and what counts as an emergency?
Is anything added to a vendor invoice, and do you have an interest in the vendor?
What is on the monthly statement and when does it arrive?
Where are rent and deposits held, and what do I get at year end?
What is the term, what ends it, and what does ending it cost?
What transfers to me or to the next manager when it does?
What is your license number and who is your qualifying broker?
Verify it free at the AREC license search.
No. Alabama does not set management fees and there is no official rate. You will find ranges quoted online; we are not going to repeat one here as though it were a rule, because a range tells you nothing about the scope attached to it. Compare the proposals in front of you against the work they describe.
Only if the scope and the event charges are genuinely the same, which is rare. The cheapest headline with the longest list of extras can be the most expensive year, and the reverse happens too. Run both against your own rent.
For the core activities of the job in Alabama, yes. That question comes before the fee question, and it has its own page: does a property manager need a license in Alabama.
Reading your own agreement with this list beside it takes about fifteen minutes and tells you what you already agreed to. The point of the exercise is not to change managers. It is to know what you signed, which is worth knowing whether you stay or not.
Then that is the answer, and we will say so. Some properties do not carry management at any rate, and an owner is better served knowing that than being signed up.
We will run your rental against current Mobile market rent and show you the net rather than the gross: what it would rent for, what it would sell for, and what it keeps after vacancy, turnover, insurance and repairs. If the numbers say sell, we will tell you that.
Or call 251-360-3166 and ask us every question on this page. We will answer all of them, in writing if you want them in writing.
We have a stake in this, and you should read it that way. 764 the Agency, LLC is a licensed Alabama real estate brokerage that offers property management, so we are one of the options an owner doing this comparison might be weighing. Nothing on this page describes, names or characterizes any other company, and no fee, rate or practice is attributed to anyone. The questions here are the ones we expect to answer ourselves.
General information, not legal or financial advice. Mary Hill is a licensed Alabama Qualifying Broker and not an attorney. A management agreement is a contract; what any particular clause means for you is a question for a licensed Alabama attorney. Nothing here is a promise of rent, cost, return or results.
Rent figures are Mobile city market data from RentCafe, last updated September 30, 2026, and will change. License verification: AREC license search. Published by 764 the Agency, LLC on October 30, 2026.