Spence graduated from Vanderbilt University’s Engineering School through a Business program. After a successful career selling electrical apparatus and water/wastewater treatment equipment, Spence decided to go into Commercial Real Estate which he has been doing since 2000. Due to his background, he has focused on industrial office and office/warehouse type properties; selling, leasing and investing. He was active in the origination of the Baldwin Commercial and Industrial Exchange which is a group of commercial real estate professionals meeting monthly. He was the 2011 President of the Baldwin County Association of REALTORS® and continues to serve on its Board. Spence has also been appointed by the Baldwin County Commission to serve as a member of the Board of Directors on The Public Building Authority of Baldwin County. In 2012, the Baldwin County Association of REALTORS® named him Realtor of the Year.

Spence has been married to Katherine since 1983 and has lived in Fairhope since 1990.