Our Guide to Flipping Furniture
Are you looking to put a little extra cash in your pocket? Have you thought about flipping furniture? Vintage is a classic style that is on most modern millennials’ wish-lists. With Pinterest overflowing with incredible inspiration, you too can pad your pocket with cash by flipping furniture.
Keep an Eye on the Market
The first step is to analyze the marketplace. Try to identify what is in demand. Go on Instagram, Pinterest, and Facebook marketplace. Find the photos that have the most likes. Watch Facebook marketplace and see how quickly a seller is marketing some rehabbed furniture as sold. This will help you identify the best items for flipping furniture.
Finding the Right Piece for the Right Price
Now that you have a good idea of what’s hot in demand go to thrift shops, seek out flea marketings, attend estate sales. You will have to put in the time to try to find the right piece of furniture. Think dressers, side tables, buffet tables, cabinets, and more. Make sure it’s priced appropriately so that you can make a profit after investing your time and materials. If the item you are looking at is a little off from the price you’d like to pay, don’t feel afraid to negotiate.
The Restoration Process
Older furniture pieces that have had years of use will likely have some wear and tear. When flipping furniture, the aged look just adds to the piece’s character, and you can choose to touch it up. If the item’s condition is looking shabby, get a quote from a furniture repair professional to give it new life. If you live in Illinois and are looking for Antique Restoration in Chicago, check us out. We are a well-respected furniture restoration business in the northern suburbs of Chicago. We’ve helped hundreds of clients restore their worn out antiques and bring life back to them.
Give it a New Look
Another option is to take an old ugly furniture piece and make it into something magical. A little bit of paint can go a long way. Take an old brown coffee table, give it a few coats of an antique white color and watch it transform. Need inspiration? Keep pinning over on Pinterest and see some of the latest color trends.
Love it or List it
After you’ve created your masterpiece, you might decide to just keep it yourself. However, if your ultimate goal is to turn a profit, it’s time to list it for sale. Think of putting your listing on the Facebook marketplace, the letgo app, Craigslist, or even eBay. Set your price and let the magic happen. The more places you create your listing, the most exposure it will get. So happy furniture flipping!