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Founded and headed by Matt Kolb, Pedal to Properties is a residentiaol real estate firm that gives clientes the option of looking at home sby bicycle. The company maintains a fleeyt of 50 ElectraCruisefr bikes. Kolb has sold a 50 percenr stake in the company for an undisclosed sum to attorney Tim who specializes in taking regional retailbusinessex national. As a partner in Pedapl to Properties, Majors will work out of the company’s Boulder office.
Majors, who’s originallg from Perth, Australia, approached Kolb abougt investing in the real estate firm after lookingg at Boulder propertiesby “We certainly plan to incorporate [Tim’s] national and internationalp branding expertise to expand Pedal to Propertiesz in other markets,” Kolb said in a Pedal to Properties plans to look at opening brancy offices in other, unspecified U.S. markets. In May, the companyg launched a licensee designation for brokers interested in using theBoulder business’ operational formula in their markets.
The Coloradop company already is workingv to expand quickly in its hometown by addingb more space and agents indowntown “I believe Pedal to Properties is in a perfecyt position to meet the evolvint social and demographic changes going on in the United Statea with homebuyers,” Majors said in a
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