Pedal to Properties - Facts About Us

Date AddedMarch 12, 2010 02:01:58 AM

Pedal to Properties Franchise

Pedal to Properties is a full-service real estate company that offers buyers a unique option to tour neighborhoods via Electra Cruiser bicycles. Pedal to Properties began from an idea to enhance the home-buying experience by offering buyers a unique way to see neighborhoods. Two realtors brought their idea to life in Boulder, Colorado, when they opened the first Pedal to Properties office with a handful of clients and 10 bikes. Three years later, the company owned 50+ bikes, had four brokers and maintained a database of 3,500+ contacts. The time was right and after some trial and error, the model worked.

Today, Pedal to Properties is a recognized brand that has garnered attention from national media including, The Wall Street Journal, Entrepreneur Magazine, MSNBC, ABC News, the Denver Post, Fortune Small Business, and many others. Why? Because the company is distinctly recognizable, and it gives buyers a perspective of a home and a neighborhood that they might not see from a car. While Pedal to Properties is a full-service agency with all the traditional real estate services a buyer or seller expects, the concept dovetails with national trends that suggest buyers are placing more importance on shorter commute times and finding a home near urban centers and public transportation.

Recently, Tim Majors, a successful businessman from Australia who had toured homes with Pedal to Properties' Founder Matt Kolb via the bike option, approached Kolb about investing in the firm. Majors is now a 50% equity partner in Pedal to Properties. In full growth mode today, Pedal to Properties is opening a new Boulder office in downtown Boulder, exploring branch offices in other U.S. markets, and is developing a franchise model for later this year.

Pedal to Properties is more than a simple optional opportunity to tour neighborhood by bikes. It is a franchise with a recognizable brand, systems, and support that will attract top realtors as well as home buyers and sellers.