REO property asking price is jumping all over the place.

[Tessa Rysztak]

I'm looking at a property that was listed in October for $8K. I wasn't looking at it at that time, so it's possible that the $8K was an auction starting price.  Since then, the price has jumped consistently between $29K and $52K. The price changes about once a week. Is this realtor just trying to keep it on "new" lists with constant price changes? Why the huge jump and drop in price? I'd like to go in and offer the $8K and see what happens. 

Also, is a realtor going to feel it's worth their time to work with me when I'm looking at properties in this price range? ($8K)