A home transaction is often considered unbearably stressful by most homeowners. Whether you are putting the house in the open market, can organize repair, which may require, to show it to affect potential buyers, or coordinate ideas with potential parties, there is no question, there is no question whether there is much more with each stage of the path. Over the years, I have been honored for working with hundreds of household owners within my own community and, through this complex process, as much as possible. But in fact, Spencer Buys Houses separate from all the countless options that populate the market.
A Community-Oriented, Reliable Partner from Day One
Recently, I visited a homeowner named Lisa. She was feeling really anxious and upset about having to sell her family’s house, especially having just gone through the loss of her parents recently. To try to make this transition as easy as possible, she tried to sell through a real estate agent, but sadly, the house just didn’t seem to be picking up in sales. These listings were sitting stagnant on the market for months without end, and this drawn-out uncertainty was seriously affecting her emotional health.
It is then that she found Spencer Buys Houses, a legitimate business that is passionate about serving homeowners. Differing from those fly-by-night investors from out of state or those anonymous online businesses that do no human-to-human interaction, I was right here, present in person, within her own community. Throughout the last decade, I have been successful in buying upwards of 500 homes within the community, which placed me in a position to build strong and meaningful connections among the area banks, title companies, and many of those services that would come to play a role in buying a house. This network of contacts and my own understanding of how it is done locally meant that we could proceed a good deal faster—enabling us to close on her house in a matter of a few short days, as opposed to those months that most sales would entail.
What really made a bigger impact on Lisa’s case was that I personally took time and effort to come right to her door. We could sit down together face-to-face so that a more intimate and significant interaction could happen. She didn’t have to be worried or anxious about having to work through voluminous phone calls that are often overwhelming, nor having to wade through befuddling online forms that many times end in frustration. Rather, she could have the satisfaction of knowing precisely whom she is dealing with—a person who is really concerned about what she needs and is intimately familiar with the memphis real estate market.
The Decisive Strength and Impact of Local Knowledge
One of our most important strengths of working through Spencer Buys Houses is clearly our long experience that we have to bring to bear in this business. I’ve been personally involved in this business for upwards of a decade now, during which time I’ve been involved in buying and selling houses in this community. My intimate acquaintance with this market is matched by no one else; I have a detailed understanding of which neighborhoods are going through appreciation, which repairs make absolute dollars and cents and are worthwhile and advantageous to make, as well as how to work most effectively with area banks and title companies to make sure that all processes are done expeditiously and without wasted time.
In contrast to what one might expect, numerous buyers who come from out of town or companies that operate online frequently lack the advantages that come with possessing local knowledge. This lack of familiarity often leads to situations where there are delays, unexpected hidden fees, or even unforeseen surprises that can arise during the closing process. However, when you work with us, the established relationships we have cultivated with local banks and title companies result in a much smoother and faster closing experience—ultimately saving you valuable time, hard-earned money, and minimizing unnecessary stress.
Perks of Speed, Convenience, and Flexibility
Imagine this situation—your home is absolutely perfect and needs no repairs of any kind. It is just as you left it when you walked away from it that time you lost it to foreclosure. There is nothing to paint, nothing to clean, nothing to mend of any kind. I can walk in, buy your house “as-is,” without so much as changing a light bulb, and we can close this deal in a matter of days rather than the many customary months. No fuss is involved whatsoever, and no waiting time is necessary.
This was a blessing for Lisa. She didn’t have to spend months setting up the house to sell for top dollar on the open market. She could sell within days without all of the aggravation and even stay in her house a day or two after closing to gather her thoughts.
Not only do I just buy things and then leave, but sometimes I even help homeowners out with all of their moving logistics. This would involve everything from scheduling moving trucks to running errands as necessary. You might even catch me helping out a little bit with yard work during this sometimes chaotic transition phase. It is all about helping make your life just a little bit easier during this difficult time.
Reasons Why Deciding to Go to the Open Market May Not Always Be a Good Decision
Decisions made in economics often affect us all differently. For example, when many homeowners would naturally want to list their house through an open market listing. But allow me to just have some important facts and realities to share that I’ve experienced and witnessed through the years.
Houses that are publicly listed on the market can stay unsold for a long time and sometimes end up staying without a buyer for many months—and in some cases, even years. This long downtime can be really stressful and worrisome to homeowners who want to sell. Moreover, it is also highly likely that you would have to make numerous repairs to enhance the property’s attractiveness, so you would have to bear real estate commission fees as well as subject your personal residential space to a constant flow of potential buyers who come to view and inspect your house. Unfortunately, keeping homes unoccupied to sell them also reveals potential opportunities of vandalism or burglary that would bring an additional burden of worry. Moreover, if you happen to own a house that is in dire need of repairs, the financial consequences of repairing these drawbacks could quickly build up—frequently running into thousands of dollars—which only further postpones your sales procedure even longer.
Ultimately, in many situations, numerous sellers find themselves resorting to offering discounts to potential investors solely to secure a fast sale of their property. This is precisely where Spencer Buys Houses enters the picture as a savvy and advantageous alternative solution. We specialize in purchasing homes swiftly, accepting them in their current condition, without imposing any hidden fees or requiring any repairs to be made by you beforehand.
The Real Difference — How We Stand Out
Here’s what sets Spencer Buys Houses apart from other local or out-of-town investors:
Feature | Traditional Realtor | Out-of-town Investor | Spencer Buys Houses |
| Local market knowledge | Limited | None | Extensive (10+ years, 500+ homes) |
| Speed of closing | Weeks to months | Possibly weeks | Typically days |
| Repairs needed | Yes | Yes | No |
| Fees and commissions | Yes (realtor fees, closing costs) | Some (discounted offers) | No fees, no commissions |
| Personal interaction | Limited (phone/email) | Usually none | In-person meetings available |
How quickly can Spencer Buys Houses close on a Memphis house?
- How quickly can Spencer Buys Houses close on a Memphis house?
Usually within a few days to a week or two, depend on title work and what the seller requires. If you require more time, we can sometimes arrange for a short move-out period.
2. Will I have to make repairs prior to your buying my Memphis house?
No. We buy houses as-is. You don’t have to repair, clean up after, or stage the property.
3. Do you charge fees or commissions to purchase my home in Memphis?
No realtor fees and no surprise charges from us. The usual seller expenses still associated with closing are reduced because we deal with so much of it.
4. How do you decide on the offer price for properties in Memphis?
We use local market knowledge — recent local sales, neighborhood trends, and the cost of needed repairs. Our goal is a fair, fast offer that reflects the Memphis market today.
5. Do you deal with homes in every Memphis neighborhood?
Yes. We operate throughout Memphis and surrounding neighborhoods. If liens or title issues exist, we’ll address them upfront.
6. What if my home is in foreclosure or I’m behind on my payments in Memphis?
We’ve helped many homeowners in difficult situations. Contact us as soon as possible — we can often provide options to stop foreclosure or arrange a quick closing.