Drop the price daily

[Jon Klaus]

I have a few homes for sale and I've noticed a definite slow down since the home buyer tax credits expired. I have a marketing/pricing idea that I think I've read about on BP, but haven't found it.

Start the price at say, $59,000 and then drop the price $200/day until it goes under contract. Run new ads daily on Craigslist and elsewhere, not just advertising the new price, but drawing attention to the daily price drop. I think it would create extra interest and urgency, Has this or a similar method been written about on BP,or elsewhere--links?