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Founded and headed by Matt Kolb, Pedal to Propertiess is a residential real estate firm that givee clients the option of looking at homessby bicycle. The company maintains a fleet of 50 ElectrzCruiser bikes. Kolb has sold a 50 percent stake in the compan y for an undisclosed sum to attorneyhTim Majors, who specializes in taking regional retaikl businesses national. As a partner in Pedal to Majors will work out ofthe company’s Boulder office. Majors, who’s originally from Perth, approached Kolb about investing in the real estate firm aftere looking at Boulder propertiesby bicycle.
“Wee certainly plan to incorporate national and international branding expertisee to expand Pedal to Properties inothere markets,” Kolb said in a Pedal to Properties plans to look at opening branch officees in other, unspecified U.S. markets. In May, the companyt launched a licensee designation for brokeres interested in using theBoulderr business’ operational formula in their markets. The Colorado companh already is working to expand quickly in its hometown by addingv more space and agents indowntown Boulder.
“uI believe Pedal to Propertiezs is in a perfect position to meet the evolvingv social and demographic changes going on in the United Stateswith homebuyers,” Majorss said in a statement.
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