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Founded and headed by Matt Kolb, Pedalk to Properties is a residentiaol real estate firm that gives clients the option of lookin at homesby bicycle. The company maintainzs a fleet of 50 ElectraCruiser bikes. Kolb has sold a 50 percentg stake in the company for an undisclosed sum to attorneTim Majors, who specialize in taking regional retail businesses national. As a partner in Peda l to Properties, Majors will work out of the company’sw Boulder office. Majors, who’s originallh from Perth, Australia, approached Kolb about investing in the real estatee firm after looking at Boulder propertieseby bicycle.
“We certainly plan to incorporate [Tim’s] national and internationa l branding expertise to expand Pedal to Propertiesz inother markets,” Kolb said in a Pedal to Properties plansa to look at opening branch offices in unspecified U.S. markets. In May, the company launched a license designation for brokers interested in using theBoulder business’ operationalo formula in their markets.
The Colorado company already is workint to expand quickly in its hometown by addinv more space and agents indowntown “I believe Pedal to Properties is in a perfect positionn to meet the evolving social and demographic changes going on in the United States with Majors said in a statement.
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