San Jose Buy Price/Formula

[Santino Inferrera]

Hey guys, I'm doing my first cold calls really soon here in San Jose and I had a simple question and I'd really appreciate it if you helped me out. When a seller isn't telling you a price, I have heard it's a good rule to offer 66% of the zillow price just to test the waters. However, the people that have mentioned this strategy aren't in the bay area or from a high volume market. My question is, what are your guys buy prices/formulas (percentages) you use when throwing a price out there and also when your going through the numbers afterwards to make sure they fit. Really appreciate the help.