This is a complete guide on how to make money buying and selling couches. Couch flipping is an extremely great way to make money as a side hustle.
Facts About Couch Flipping
Let’s be clear about what Couch Flipping is and is NOT:
- It’s a great way to make quick cash.
- It won’t make you rich overnight.
- Couch Flipping will work.
- It’s not as easy at times.
If you’re willing and able to do some work and can afford to move couches (have someone help), this is a great way to make some money.
Quick Questions on Couch Flipping:
Is couch flipping profitable? Yes, couch flipping can be extremely profitable. It can provide great cash, especially when you find free couches.
How do you flip a couch by yourself? While it’s recommended to have a friend help, you can do it by yourself by using a dolly.
Is flipping furniture profitable? Yes, you can flip more than just couches at a profit.
Requirements To Get Started
- You need a pickup truck or a trailer to haul couches
- Phone to post ads & contact customers
- Capabilities to lift over 50 pounds
- Friend to help with unloading and loading (preferred)
- Initial cash if you’re unable to find free couches
Now that you have prerequisites established, you’re ready to learn how go make money buying and selling couches, or “Couch Flipping”.
How To Start
The first thing you need to do is buy a couch. This will likely be one of the more difficult parts of your journey because it’s one of the most expensive pieces. However, getting this part done will allow you to spend less money for the rest of the process.
Primarily, you should be looking on Facebook Marketplace and Craigslist. You’ll want to look for free couches first. There are tons of people who just want to simply get rid of their couch, and they’re willing to part with them for free as long as you come to pick them up.
Do Research On Couches
Start by checking out Marketplace and Craigslist to get a grasp on the prices for your local area. Each area will vary.
The best way to find couches is by the website’s categories or just typing “free couches” on Marketplace or Craigslist.
You’ll want to try to find all the FREE couches first, then sort from the cheapest.
- A lot of people will offer their couches for free if you can pick them up
- Look for desperation or posts that want to sell as fast as possible
- Judge as best as possible from pictures so you don’t buy destroyed couches
- Always ask about any stains or damages you should know about
Getting Your First Couch
Once you have done some research into the market for couches, your next step is to buy a couch for a reasonable price or hopefully free. I advise you to avoid paying too much in order to get a couch in the beginning. It’s important that you start by contacting them through text, phone, or email.
Be aware that when you lowball offers, some people may get offended. Try your best to be nice and respectful. Negotiate with the terms that you’ll pick up the couch today, you’ll pay in cash, and that they won’t have to worry about getting a couch out of their house.
You should be able to get a couch that has a good chance of getting your offer accepted in the end. The money is actually made here. If you make the right buying decisions, then everything else will be easy.
Most people don’t know the true value of their item, which could work in your favor or against you. You must become familiar with what an item’s worth before selling it to someone else.
Couches are only worth what someone else is willing to pay for.
Things To Avoid
First, it is important to know what items are trending around you. You should also bear in mind that products vary in quality. If you take the time to do your research, you will be able to identify quality quickly and weed out subpar options.
- Avoid Floral Print Couches. It’s incredibly hard to find people who want to buy floral pattern couches. Avoid at all costs.
- Avoid Permanent Damaged Couches. Anything that has tears, scratches, stains, smoke, bugs, missing parts, rips, and anything else related.
- Avoid Overvalued Items. More than likely, they value their couches too high. You won’t be able to find a good target price to make money on the sale.
2 Important Things To Look For
You’ll want to find a resalable product. Find an item someone needs and offer them a lower price than they think it’s worth. When you find the product, give the person a low offer for their product so they will need to ask themselves “why not?”. Finding the reasons and opportunities are what allows you to get your furniture at a low enough price to make a quick profit.
Find motivated sellers. A seller may be in a rush to sell their product. You will want to act fast in order to get the most out of this situation. Although it might not cost money, your services can provide value to someone else. This is something that could be beneficial for both of you. I’ve received a good price on a couch because the seller wanted to get rid of it because it was too outdated. This is perfect for negotiations, as often your offer may not be accepted the first time. But if they don’t take it, you can always come back and make a new offer.
Good Couch Qualities
Neutral colored, with features such as a dual recliner & storage space, the current condition of the couch is in good shape. It’s also relatively inexpensive, so if you include a great photo and descriptive wording with your post I think you’ll find it goes for $200-400.
When you see couches you are interested in purchasing, start texting or emailing offers. Contact multiple buyers with offers. If you’re following the guidelines above, there should still be plenty of other potential buyers out there who might want to buy your couch. One of their listings catch your eye? Contact the person who posted it straight away through text message by tapping at the ‘Contact Seller’ button.
Selling furniture can be a daunting process, with a number of critical steps that must not be skipped. Here’s how to sell your couch for a nice profit! You’ll be able to sell couches 2x, 3x, 4x, or 5x the price you paid for. You can relist the same couch on the same website that you purchased it from, whether it was from Facebook Marketplace or Craigslist.
It might be a good idea to repair or clean the couch before making an order. You want to buy and resell as quickly as possible, so it’s better not to devote too much energy on this first step.
Photographing your product correctly is absolutely imperative when you’re trying to put it up for sale. Having clear pictures is vital.
Now that you have your pictures, the next step is to post the right ad on Craigslist & Facebook with photos. You’ll want to ensure you provide your phone number and all other relevant contact into in every single ad. Most people will prefer to text, so include your cellphone number at the very top.
In your couch description, you should use keywords that buyers search for. Doing this will make sure your ads are at the top of the list when they do searches.
Example keywords: microfiber, leather, brown, mocha, blue, red, tan, chenille, sectional, couch, sofa, chaise, ottoman, modern, contemporary.
Include that you will offer delivery. Whether it’s free or for a small fee is up to you. You can also throw in free delivery during your negotiations.
After you have posted your ads, you can just sit back and wait for the buyers to call. From there, you should be able to take care of business.
Conclusion on How To Make Money Buying and Selling Couches (Couch Flipping)
After reading this tutorial on how to make money buying and selling couches, you should be ready to start your couch flipping journey. This may seem like a lot of information but there are actually some easy steps you can take. If you do this once or twice, it’ll start to become really simple. You’ll start to develop qualities that will make this process easier and more profitable.
If you’re interested in other side hustles, check out our website.