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The Pre-Owned Buyer is responsible for sourcing, evaluating, and purchasing high-quality pre-owned inventory that aligns with the company’s standards, customer demand, and profitability goals. This role requires strong market knowledge, negotiation skills, and the ability to accurately assess product condition and value. The Pre-Owned Buyer works closely with sales, inventory management, and leadership teams to ensure optimal stock levels and a competitive product mix.
Source Inventory: Identify and acquire pre-owned products through trade-ins, auctions, wholesale channels, private sellers, and other approved sources.
Product Evaluation: Inspect and appraise pre-owned items to determine condition, authenticity, market value, and resale potential.
Negotiation: Negotiate purchase terms and pricing to maximize profit margins while maintaining product quality.
Market Analysis: Monitor market trends, pricing shifts, and competitive inventory to guide purchasing strategies.
Inventory Management: Maintain appropriate inventory levels and ensure purchased items meet company standards for resale.
Vendor & Seller Relations: Build and maintain relationships with vendors, auction representatives, customers, and other supply partners.
Documentation: Complete accurate purchase documentation, condition reports, and inventory intake records.
Collaboration: Partner with sales teams to understand product demand and with reconditioning teams to determine refurbishment needs.
Compliance: Ensure all purchases adhere to company policies and any relevant regulations.
Proven experience in purchasing, appraisal, or product acquisition (industry-specific experience preferred).
Strong knowledge of market values, product categories, and quality standards.
Excellent negotiation, communication, and relationship-building skills.
Ability to assess product condition accurately and spot defects or authenticity issues.
Analytical mindset with strong decision-making abilities.
Valid driver’s license (if applicable to industry).
High attention to detail and strong organizational skills.
Experience with inventory management systems or appraisal tools
Auction or wholesale purchasing experience
Certification or training in appraisal (industry dependent)
Ability to work in a fast-paced, target-driven environment
Mix of on-site and off-site sourcing activities (e.g., auctions, seller visits, trade-in inspections)
Occasional travel required depending on sourcing strategy
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