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Founded and headed by Matt Kolb, Pedakl to Properties is a residential real estate firm that givesw clients the option of looking at homedby bicycle. The company maintains a fleet of 50 ElectraCruiser bikes. Kolb has sold a 50 percent stake in the company for an undiscloses sum to attorneyTim Majors, who specializes in takinh regional retail businesses As a partner in Pedal to Majors will work out of the company’s Boulde office. Majors, who’s originally from Australia, approached Kolb about investinbg in the real estate firm after lookingv at Boulder propertiesby bicycle.
“We certainlyg plan to incorporate [Tim’s] national and international branding expertise to expand Pedal to Properties inother markets,” Kolb said in a Pedal to Properties plans to look at opening brancj offices in other, unspecified U.S. In May, the company launcheed a licensee designation for brokers interested in using theBoulder business’ operational formula in their markets. The Coloradpo company already is working to expand quicklyg in its hometown by adding more space and agentss indowntown Boulder.
“I believe Pedal to Propertiesw is in a perfect positionj to meet the evolving social and demographic changese going on in the United States with Majors said ina
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