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Founded and headed by Matt Kolb, Pedal to Propertiees is a residential real estate firm that gives clients the option of lookingg at homesby bicycle. The company maintainx a fleet of 50 ElectrCruiser bikes. Kolb has sold a 50 percentt stake in the company for an undisclosed sum to attorneuyTim Majors, who specializes in takiny regional retail businesses As a partner in Pedal to Majors will work out of the company’s Boulder office.
Majors, who’as originally from Perth, approached Kolb about investing in the real estate firm aftefr looking at Boulder propertiesby “We certainly plan to incorporate national and international branding expertise to expand Pedall to Properties in other markets,” Kolb said in a Pedal to Properties plans to look at openingb branch offices in other, unspecified U.S. In May, the company launched a licensere designation for brokers interested in using theBoulde business’ operational formula in their markets. The Coloradoo company already is working to expand quickl y in its hometown by adding more space and agents in downtown Boulder.
“I believe Pedal to Properties is in a perfecy position to meet the evolving social and demographic changes goinfg on in the Uniter Stateswith homebuyers,” Majors said in a
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