If you’ve seen the signs, the website, or heard from a neighbor — and you’re wondering who’s actually behind Spencer Buys Houses — here’s the real story.
A Memphis Real Estate Investor, Not a National Company
Spencer Buys Houses is locally owned and operated in Memphis, Tennessee.
This isn’t a national franchise. It’s not a tech platform running automated offers. It’s not a fund from another state buying Memphis properties sight unseen.
Spencer is a Memphis real estate investor who has been buying homes in this city for over 10 years. He lives here. He works here. He knows the difference between a house in Frayser and one in Germantown — and why that difference matters.
What We Do
We buy houses for cash, in any condition, throughout Memphis and the Mid-South.
That means:
- No repairs required
- No agent fees or commissions
- No financing contingencies
- Fast closing — typically 7 to 14 days
- Cash in hand at the closing table
We’ve purchased 400+ homes across virtually every Memphis zip code — from Whitehaven and Southside to Cordova, Bartlett, Germantown, Collierville, and beyond. We buy 6 to 7 homes every month.
Why Spencer Started Buying Houses in Memphis
Memphis has always been a city with strong fundamentals for real estate — affordable properties, steady rental demand, and a population that needs real options when life gets complicated.
What Spencer noticed early on was a gap: homeowners in difficult situations — facing foreclosure, dealing with inherited properties, fed up with tenants, going through divorce — had limited options.
They could list with an agent and wait months. They could try to sell on their own. Or they could accept lowball offers from investors who didn’t know the market and backed out anyway.
Spencer built something different: a local operation that shows up, makes fair offers, and closes. Every time.
How We Buy Houses
The process is simple:
Step 1: You reach out
Call, text, or fill out the form at SpencerBuysHouses.com. Tell us about the property.
Step 2: We walk the house
We schedule a time to see it in person. We look at everything — condition, location, and current occupancy. We don’t make offers on properties we haven’t seen.
Step 3: We make an offer
We come back with a number we can stand behind. We explain how we got there.
Step 4: You decide
No pressure. Take the time you need. If it works, we move to a contract. If it doesn’t, no hard feelings.
Step 5: We close
Through Bradsher, Albert & Stuart, PLLC — a trusted Memphis title firm. You get cash at the closing table. Wire or check.
Who We Buy From
We work with homeowners in every kind of situation:
- Sellers who need to move fast
- Landlords who are done managing rentals
- Families dealing with inherited properties
- Homeowners facing foreclosure or tax sale
- People going through a divorce who need a clean break
- Sellers whose homes need too much work for a traditional listing
- Anyone who’s been trying to sell and hasn’t been able to
There’s no situation we haven’t seen. If you have a house and you need options, we’d like to talk.
Our Commitment
- We’ll give you a fair offer based on what the property is actually worth — not the lowest number we think you’ll accept.
- We’ll be straight with you about what we see and how we got to our number.
- We don’t back out of contracts. We don’t renegotiate at the last minute. We close.
Get in Touch
📞 SpencerBuysHouses.com — call, text, or get your cash offer online.
We’ve been buying Memphis homes for over a decade. Let us make you an offer.
Author Bio
Spencer Shadrach | Owner, Spencer Buys Houses
10+ years, BBB A+, WREG featured, 4.9★ / 113 reviews
Spencer Shadrach is a Memphis-based investor and property manager specializing in purchasing occupied rental properties. With 10+ years of experience and over 200 single-family transactions closed across the Mid-South, Spencer focuses on stabilized tenant outcomes and helping “tired landlords” exit the market with ease.
SpencerBuysHouses.com