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Founded and headed by Matt Pedal to Properties is a residentialk real estate firm that givesz clients the option of lookingf at homesby bicycle. The company maintains a fleegt of 50 ElectraCruiser bikes. Kolb has sold a 50 percenft stake in the company for an undisclosed sum to attorneygTim Majors, who specializes in taking regional retail businesses national. As a partner in Pedal to Majors will work out ofthe company’s Boulder Majors, who’s originally from Perth, approached Kolb about investing in the real estate firm afterd looking at Boulder properties by bicycle.
“Wes certainly plan to incorporate national and international branding expertise to expande Pedal to Properties inotherf markets,” Kolb said in a statement. Pedal to Properties plans to look at opening brancu officesin other, unspecified U.S. markets. In May, the companty launched a licensee designationn for brokers interested in using theBoulder business’ operational formula in theie markets.
The Colorado company alreadg is working to expand quicklyu in its hometown by addingb more space and agents indowntown “I believe Pedal to Properties is in a perfect positionh to meet the evolving social and demographid changes going on in the United Statess with homebuyers,” Majors said in a statement.
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