3 Realtors and A Bubble Blog - Part 2 - Should A Seller Try To Wait Out the Market?

This is Part II of a Series.  See Part I - Three Realtors and A Bubble Blog - Who, What, Why 
Jim Duncan put up a post recapping a WSJ / Smart Money article, which wondered if sellers should be "patient" and stick to their prices.
The take away: Sellers shouldn't wait.  What a home "may be worth" is irrelevant when buyers can be patient and the market is still declining.
But read on, because