The brothers friend

I was introduced to one of my brothers friends around 2 months ago, nothing happened at first but it was clear that there was something there. We finally spoke about our feelings for each other but whilst telling me that he had feelings for me, he also told me that he had feelings for someone else and that they had been speaking for about a year without actually seeing each other (due to travelling) but that they were meeting in about a months time. He's one of the nicest guys I've ever met and he was completely honest with me from the start and said that he was confused about how he felt. We still get along and there still something there when we are together. I don't want to wait for him, what should I do???