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💵 Device Valuation

Accurately value devices to offer fair prices while maintaining healthy margins.

Valuation Process​

When a customer wants to sell a device:

  1. Identify - What device is it?
  2. Assess - What condition is it in?
  3. Price - What's the market value?
  4. Offer - Calculate your purchase price

Device Identification​

Get accurate device details:

  • Brand and model
  • Storage capacity
  • Colour
  • Serial/IMEI

IMEI Check​

For phones, check the IMEI:

  • Verify it's not blacklisted
  • Confirm Find My status
  • Check carrier lock

Condition Assessment​

Use consistent grading:

GradeConditionTypical Adjustment
ALike new, flawless90-100% of base
BGood, minor wear70-85% of base
CFair, visible wear50-65% of base
DPoor, significant damage20-40% of base

What to Check​

ComponentCheck For
ScreenCracks, scratches, dead pixels
BodyDents, chips, scuffs
BatteryHealth percentage
ButtonsAll functioning
CamerasWorking, not scratched
PortsCharging, headphone jack

Market Price Lookup​

Integrated Valuation​

RepairMinder can integrate with valuation services to:

  • Get current market prices
  • See trends
  • Compare to competitors

Manual Lookup​

Check prices on:

  • eBay sold listings
  • Trade-in comparison sites
  • Wholesale buyer prices

Calculating Purchase Price​

Market Value × Condition Adjustment × Your Margin = Purchase Price

Example:

  • iPhone 14 market value: £400
  • Condition: B (80%)
  • Your margin: 30%
  • Purchase price: £400 × 0.80 × 0.70 = £224

Making an Offer​

When offering a price:

  1. Explain the valuation process
  2. Show what affects the price
  3. Be transparent about condition deductions
  4. Give a clear final offer

Handling Negotiations​

  • Set minimum margins you'll accept
  • Know your break-even points
  • Don't feel pressured to overpay
  • Walk away if it doesn't work

Recording the Valuation​

When you've valued a device:

  1. Create a buyback order or enquiry
  2. Add device with full details
  3. Record condition grade
  4. Note any issues found
  5. Enter purchase price

Valuation History​

View past valuations:

  • What prices you've offered
  • What was accepted/declined
  • Average purchase prices
  • Margin analysis

Best Practices​

✅ Do​

  • Use consistent grading criteria
  • Document all issues found
  • Take photos of condition
  • Keep valuation records

❌ Don't​

  • Guess on pricing
  • Skip condition checks
  • Overpay for poor condition
  • Forget to check blacklist

Next Steps​