Developers & Builders
Welcome To RRG!
WE MANAGE YOUR NEW COMMUNITY LONG AFTER YOU’RE GONE
At Residential Realty Group, we consider each party’s best interest. Then, we establish a working relationship based on best practices. Work with us and you’ll find more stability in your work.
With more than four decades of experience, RRG is everything you’d expect in a management company. And more!
Why Choose RRG?
If you are a developer or builder of a community association, you have come to the right place for community management guidance.
Hiring the proper community management company is the single largest stability factor for a developer or builder of a community.
Ideally, guidance should begin at conception of the planned community. When brought in early for advice, an experienced management company can look out for each party’s best interest and institute a best practice working relationship.
The developer and a community management company have unique roles to play from the conception of creating the association to through transition to homeowner control to the on-going operation of running the association.
Residential Realty Group specializes in this field. That’s why we are the professionals’ preferred community management company.
Contact us to understand why we continue to manage your new communities long after you’re gone.
Services for Builders/Developers
Private Utility Management
At Residential Realty Group, we’ll ensure you never have to worry again about unpaid private utility fees.
In years past, counties and governments used to put in utilities like storm drains, sewer systems, and water and other underground pipes. Now, municipalities make the developer or builder borrow money—or pay in full—for the work and allow the builder/developer to charge the homeowner an annual fee for up to 30 years.
Once subdivision construction is complete and the utilities are established, RRG takes control of the financial management. We annually bill homeowners, and once we receive the money, we turn it over to the builder/developer. When homeowners don’t pay, we follow-up with collections and ensure the builder/developer receives its money.
RRG is here to make sure builders/developers recoup the money used to establish private utilities.
The Transition Turnover Phase
Under current law, when 51% of all homes within a subdivision are sold, the builder/developer must turn over the development to the homeowners or homeowners’ association. Before that happens, the builder/developer is in control.
During this phase, we work with homeowners to educate them about the construction process, the many phases of work and the nuances of building and development. Once the builder leaves the community, Residential Realty Group remains in place to answer questions a homeowner may have.
For example, homeowners may wonder why bales of hay are still surrounding the stormwater management pond long after any construction has finished in the area. We would let the homeowner know that, until the whole system is inspected by the local municipality, the bales of hay must remain. Instead of a builder/developer answering these questions, RRG takes charge and provides support.
After all, inspections are the only thing that can move the construction process to the final stage.
Taking the Hassle Away
As soon as a builder/developer decides to create a master association or some other development, Residential Realty Group can be there to help design the community and ensure it operates simply and efficiently.
Our services include preparing budgets, consulting, reviewing operational documents and looking at everything from a homeowners’ association (HOA) or planned unit development (PUD) perspective.
For mixed-use developments—those that include a combination of living, retail and other spaces—we can prepare budgets, acquire easements, help manage the association and create a plan to ensure smooth operations between the different parts of the community.
Let us take the hassle away during the development process!
In the News
Blueprint Magazine
Joan Magill was featured in Blueprint magazine, which profiles construction and real estate executives across every industry.
US Builders Review
In late 2017, Joan Magill was the first woman to appear on the cover of US Builders Review, the magazine for leading construction executives.
Fortune & Entrepreneur
Joan Magill was featured in an issue of Fortune & Entrepreneur magazine that spotlighted Baltimore business leaders. She talked about the success of Residential Realty Group and the services it has provided to the community for more than 40 years.
WANT TO WORK WITH US?
Residential Realty Group, Inc.
405 E. Joppa Road, Suite 100, Towson, MD 21286