Realtors without a home

By , Daily Memphian Updated: September 13, 2019 9:34 AM CT | Published: September 13, 2019 4:00 AM CT
<strong>Realtor Thomas Marchbanks (right) with eXp Realty works with marketing director Allison Ogilvie at Panera Bread in Laurelwood Shopping Center on Sept. 10, 2019. Marchbanks is leading the Memphis office of a new kind of real estate agency which has no brick-and-mortar office, and operates from an internet based platform.</strong> (Jim Weber/Daily Memphian)

Realtor Thomas Marchbanks (right) with eXp Realty works with marketing director Allison Ogilvie at Panera Bread in Laurelwood Shopping Center on Sept. 10, 2019. Marchbanks is leading the Memphis office of a new kind of real estate agency which has no brick-and-mortar office, and operates from an internet based platform. (Jim Weber/Daily Memphian)

eXp Realty has no building of its own in Memphis, uses the internet for training and management, and awards agents company stock with each sale and recruitment of other agents. 

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Topics

Internet Real Estate Realtors technology
Tom Bailey

Tom Bailey

Tom Bailey covers business news for The Daily Memphian. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He's worked in journalism for 40 years and has lived in Midtown for 36 years.


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