SOURCE: Move Loot

Move Loot

November 17, 2014 08:00 ET

Move Loot On-Demand Furniture and Home Goods Resale Launches in Charlotte, NC

High Demand for Secondhand Goods Drives Move Loot's Expansion in North Carolina

CHARLOTTE, NC--(Marketwired - Nov 17, 2014) - Move Loot, the first curated, full-service online marketplace for secondhand home goods, announced that it has expanded its service to Charlotte, NC, its second launch in North Carolina in the last two months.

San Francisco-based Move Loot opened a warehouse and delivery services in Durham, North Carolina in early September, serving consumers in the Triangle Area, including Raleigh, Durham, Chapel Hill and the surrounding communities. Now the company has expanded its North Carolina coverage to include Charlotte and the surrounding areas.

Bill Bobbitt, CEO and co-founder of Move Loot and a Raleigh native, co-founded Move Loot after his own frustrating experience relocating across the country, trying to sell his furniture and home goods and then stocking his new apartment in San Francisco. 

Bobbitt said, "We were blown away by the response in Raleigh where we saw large growth after launching in September. We are thrilled to bring Move Loot's service to Charlotte where we know people are looking for a better option for buying and selling quality, secondhand home goods."

How Move Loot works:

  • Sellers photograph furniture, and upload the photos and descriptions to Move Loot (via the mobile app or a laptop/desktop).
  • Move Loot collects the furniture, photographs it professionally, posts it online for sale, and stores it until it sells.
  • Buyers choose what they want via the mobile app or computer, pay online and schedule quick delivery to their doorstep via Move Loot movers.
  • Following the traditional consignment model, sellers get a portion of the selling price, but Move Loot handles all of the hassle.
  • In keeping with Move Loot's environmental values, items that don't sell are eventually donated to local charities.

There are no other delivery services that also provide a quality check, professional photography and storage. Storage is particularly helpful when sellers have multiple pieces, or when buyers want to purchase multiple pieces and have them delivered all at once. Because Move Loot handles pickup, storage and delivery, users can have furniture picked up or delivered on their schedule, without needing to coordinate timing with strangers.

Move Loot has already hired a launch strategist for Charlotte and plans to build a 20-person team including warehouse and delivery positions by mid-2015.

Since its founding in October 2013, Move Loot has been growing revenue by 40 percent month-over-month. Bobbitt attributes the company's success to both the convenience factor with its quick pick-up and delivery, as well the green aspect to the business. Move Loot makes it easy to buy high-quality secondhand pieces that will last years longer and help reduce waste, versus buying cheap, disposable goods that will fall apart after a short time. It combines the best features of traditional consignment shops with what has worked best for digital peer-to-peer marketplace offerings.

Move Loot recently raised a $2.8M seed round of funding, and plans to launch additional cities across the United States in the coming months.

About Move Loot
Move Loot is the first curated, full-service online marketplace for secondhand home goods. The company aims to not only make buying high-quality, stylish used goods easier, but also to reduce the amount of furniture that goes into U.S. landfills -- currently, 10.8M tons annually. Unlike peer-to-peer services or classified ads, Move Loot takes the burden off sellers by picking up their goods and selling them on their behalf, and the service includes professional photography, storage and in-home delivery to the buyer. Currently available in the San Francisco Bay Area, Raleigh, Durham, and Charlotte, NC, Move Loot plans to expand its service to other major markets in the coming months. The company is backed by venture capital firms including First Round Capital and Index Ventures. Learn more at www.moveloot.com or follow the company on Facebook, Pinterest or Twitter.

Move Loot is a trademark of Move Loot Inc. All other trademarks contained herein are the property of their respective owners.

Contact Information

  • For information, contact:
    Michelle Faulkner
    Email Contact
    +1 617 510-6998