I do this quite a bit with good home with desirable features. It creates an auction like environment.
You determine fair market value of the home then under price it by 5% or so. Make sure all of your marketing is together and youhave high quality photographs and materials. Withhold showing for 4-7 days but list it in the MLS. State in the MLS offers will not be reviewed for X amount of days after the first open house. Your entire market time will be about two weeks and you will have your house sold!
The key factors in making this work are:
-Give enough time exposed to the market
-Create desirability with the marketing materials
I just did it on this home http://merrimackvalleymarealestate.com/2013/05/renovated-ran