Mid-Year Check-In: Still Holding a Property That’s sitting?

[Gia Hermosillo]

We’re officially entering the second half of the year—and if you’re holding a property that’s been sitting on the market for four months or more, now might be the time to shift strategy.

Whether you planned to sell, flip, or lease temporarily, an unoccupied property means:

• Carrying costs stacking up
• Increased risk of vandalism or damage
• Missed rental income that could help offset your holding expenses

If a listing hasn’t moved in months, the market has likely spoken—and sometimes the smartest move is to pivot.

That’s where professional property management can make a real difference.

Leasing and managing the property (even short to mid-term) can help you:

• Generate cash flow while you wait for the right sale window
• Keep the property occupied and protected
• Reduce financial pressure from holding costs

We work with many owners who didn’t plan to be landlords, but realized that a vacant property comes with its own set of risks. The right management company can turn a stalled asset into a productive one—without tying up your time or adding to your stress.

If you’re in that position—or advising someone who is—it’s worth exploring your options before Q3 picks up speed.