While it’s a pleasure to see my sellers benefit from this historic market, it’s equally difficult to see buyers, who I care deeply about, fight valiantly to get a house and lose. I represented buyers as we competed against 21 other people for a darling Cape-style house in Wellesley. Clearly the market deemed that this house was underpriced with that many offers. In the end, it was the person who paid cash that won. This is a common story in many of these bidding wars- cash takes it. We experience it time and time again. It can feel so deflating since most people don’t have millions of dollars in cash to buy a house. So what does one do? It’s hard to say. There are no easy answers. Perhaps the wave of inventory that will be launched by brokers in coming days will help people who are financing (which is typical) to have a chance.