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Founded and headed by Matt Kolb, Pedak to Properties is a residentiao real estate firm that gives clients the option of lookinbg at homesby bicycle. The company maintainws a fleet of 50 ElectraCruisee bikes. Kolb has sold a 50 perceny stake in the company for an undisclosedf sum to attorneyTim Majors, who specializes in taking regionalk retail businesses national. As a partner in Pedal to Majors will work out ofthe company’s Boulder Majors, who’s originally from Perth, Australia, approachede Kolb about investing in the real estate firm aftef looking at Boulder properties by bicycle.
“We certainlh plan to incorporate [Tim’s] national and internationa branding expertise to expand Pedal to Properties in other Kolb said ina statement. Pedal to Properties plans to look at openiny branch officesin other, unspecified U.S. markets. In May, the compant launched a licensee designation for brokers interestefd in using theBoulder business’ operationapl formula in their markets. The Colorado company already is working to expandf quickly in its hometown by addingv more space and agents indowntownh Boulder.
“I believe Pedal to Properties is in a perfect positionj to meet the evolving sociaol and demographic changes going on in the Unite Stateswith homebuyers,” Majors said in a
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