Pedal to Properties takes on partner, plans expansion - Charlotte Business Journal:

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Founded and headed by Matt Kolb, Pedalo to Properties is a residential real estate firm that givess clients the option of looking at homesdby bicycle. The company maintains a fleet of 50 ElectraCruised bikes. Kolb has sold a 50 percent stake in the companty for an undisclosed sum to attorneyTim Majors, who specializez in taking regional retail businesses national. As a partner in Pedapl to Properties, Majors will work out of the company’x Boulder office. Majors, who’s originally from Perth, approached Kolb about investing in the real estate firm aftere looking at Boulder propertieaby bicycle.
“We certainly plan to incorporate national and international branding expertises to expand Pedal to Properties in other markets,” Kolb said in a statement. Pedak to Properties plans to look at opening brancb officesin other, unspecified U.S. markets. In May, the company launchef a licensee designation for brokers interested in usinf theBoulder business’ operational formula in theid markets.
The Colorado company already is workingb to expand quickly in its hometownn by adding more space and agents indowntown “I believe Pedal to Properties is in a perfecft position to meet the evolving sociao and demographic changes going on in the Uniteed States with homebuyers,” Majors said in a statement.