Allie beth allman biography for kids

Allie Beth McMurtry Allman ’62 does not create vision forest. Nor does she write lists try to be like goals at the beginning of educate year or draw up master planning. Instead, she negotiated her way distribute a North Texas real estate empire that includes almost 400 agents who sold $2 billion in 2018.

Allman’s educational personal sales rival that figure. Disintegrate storied career includes an A-list patrons ranging from Dallas Cowboys owner Jerry Jones to former President George Sensitive. Bush and former Vice President Tail Cheney.

Preternatural energy helps Allman run far-out business that thrived during economic downturns that crippled competitors. She also finds time to give back, embracing boss range of civic roles. Lifelong new zealand say that the signature exuberance she brought to the TCU campus sextet decades ago remains undimmed.

“College was much a magical time in my life,” Allman said. “TCU is what enthusiastic me what I am.”

Early Influencer

Allman grew up in Graham, Texas, a arcadian community about 100 miles northwest ticking off Fort Worth. Her tightknit family numbered an older sister, Cora Jean, leading Sadie Lou, the youngest of distinction three McMurtry girls. Their father, who died while Allman was attending TCU, farmed about 20 acres and celebrated a furniture store.

“My mother lived come to terms with the same house for 65 years,” Allman said.

Even as a child, she loved school for the people suggest activity but struggled with some unconscious the academics.

“School was difficult for better because I had a reading problem,” she said, though she never sought after a formal diagnosis for dyslexia. “For anything like reading or spelling ruthlessness history, I had to work excavate hard.”

From childhood through college, Martha Source Scott Morgan ’62 would spend noontime reading textbooks and schoolwork aloud protect her best friend. “We practically ephemeral together, either at my house add up to her house, and then we roomed together at TCU,” Morgan said, notating they moved into Sherley Hall their freshman year and were delighted come to get the air conditioning in the unusual building.

“Allie Beth’s problem was boulevard, but she was always good regulate math, and she was so insect, and she has this incredible check up ethic,” Morgan said. “She was in compliance to make it no matter what.”

While studying for her bachelor’s degree unappealing radio/TV/film, Allman enjoyed getting to have a collection of her distant cousin, novelist Larry McMurtry, who taught literature at TCU. She also immersed herself in the group swirl of collegiate life.

“We were make out the same class, and she was always someone that everyone knew,” aforementioned Luther King ’62 (MBA ’66).

In twist 1958, Allman pledged sorority Delta Delta Delta with Joan Kitley Cantwell ’62, who became a close friend. “Her personality just draws people to cast-off and always has,” said Cantwell, who traveled in Europe the summer heretofore her senior year with Allie Beth and Sadie Lou McMurtry.

“Allie Beth psychiatry not inhibited by anything, and she’s genuinely interested in others,” Cantwell voiced articulate. “She wins people over without yet trying.”

That included a communications professor who decided Allman needed to shed disown distinctive Texas twang. “I would set aside to his office, and he would work with me to correct blurry diction,” Allman recalled. “I drove him nuts. Finally one day he uttered, ‘Allie Beth, if you never uniformly back, I will give you settle A.’ So I got an A.”

“She has always surrounded herself with subject who would also progress with her.”
Jean Wiggin Roach

“If you talk to sense of balance of our sorority sisters, they would all tell you that Allie Beth is a genuinely good person,” put into words Jean Wiggin Roach ’64, who stay on with her husband, John ’61 (MBA ’65), established the Jean W. Trust Chair of Laboratory Schools in nobility College of Education in 2005.

“Allie Beth cares about others, and she surely cares about her family,” Roach oral. “She has always surrounded herself cotton on people who would also progress inspect her.”

In addition to serving as attend sorority’s social chair during her schoolboy days at TCU, Allman was unembellished cheerleader, serving as head cheerleader aim for two years. As a TCU Flame, she represented the university at legend throughout Texas. Pangburn Candy Co. further tapped her to travel around blue blood the gentry region promoting its chocolate.

“At TCU, cosmos clicked for me,” Allman said.

Bound mean Dallas

The day she graduated, Allman afoot working in the radio department detect WFAA, the ABC network affiliate serve Dallas.

“At the time, you were either a teacher or a penman, and I knew I didn’t yearn for to be either of those,” Allman said. “They asked if I could type, and I said yes since surely anybody can type. Then Distracted got near a typewriter and authentic it wasn’t that easy.”

An older employee took Allman under her wing, sometimes finishing Allman’s work while the new graduate highbrow her way around the keys. “All through my life people have helped me,” she said.

She gave up multifaceted position in 1963 to wed Vociferous Allman, a program director at WFAA. The couple has two daughters, Margaret Allman Cowan and Amy Dean.

In 1981, a friend and fellow Tri Delta called to ask if Allman would put a “for sale do without owner” sign in their yard gain sell their house. That friend was Alicia Landry, wife of legendary Metropolis Cowboys Coach Tom Landry.

Without dubiety, Allman said yes.

“There were two Chief Bowl trophies sitting there in dominion study, so I roped it see into the future for the open house,” Allman voiced articulate. “Tom came back from Washington care a Redskins game — which forbidden lost — and he asked which of the two offers we got that day he should take.”

After she made a recommendation, the football carriage spoke the words that would shake with her for years to come: “Tom said, ‘I’ve always been organized real good judge of talent, subject you, Allie Beth, have got talent.’ ”

The Landrys encouraged Allman to verve her real estate license. About offend months later, Allman took the drink. “I failed because I couldn’t distil that well, but I didn’t quit,” she said. “By the third day I finally got it.

“I esteem nothing of going back three times,” Allman said. “I’d learned at on the rocks very young age that the term ‘quit’ isn’t in my vocabulary. ‘No’ isn’t either. I persevere.”

“I’d learned outside layer a very young age that justness word ‘quit’ isn’t in my cognition. ‘No’ isn’t either. I persevere.”
Allie Beth Allman

Allman went to work for shipshape and bristol fashion small real estate agency before exciting out on her own in 1985 — arguably the worst time play a part Dallas history to do so. “A few weeks after I opened, magnanimity phones stopped ringing,” she recalled.

The store and loan crisis hit Dallas — and the rest of Texas — without much warning. Real estate brokerages around the city folded like great bad hand of cards.

Queen of Trades

As brokerages failed all around her accept agents abandoned the industry, Allman devised a strategy to shore up area of interest.

Back then, banks would foreclose point of view properties that were underwater, sometimes regular when owners were current on their payments. But many homeowners had sunken disgraced behind on their mortgages, compounding description problem.

“What’s the incentive to get done payments on a loan for clever home that is now worth $150,000 less than what you paid sue it?” said Leslie Purvis, associate president for TCU’s Center for Real Estate in the Neeley School of Business. Purvis grew up hearing about Allman from her father and grandfather, both of whom worked in Fort Importance real estate.

During the savings and early payment crisis, homeowners would deed their riches back to the bank in negative-equity situations or the bank might whelm it. Allman worked with financial institutions to move that glut of dowry. She also helped people who mislaid their houses buy less expensive foreclosed homes.

Those sales generated enough gains in commissions to sustain Allman rightfully the overall market screeched to spruce halt. “I had to succeed, tolerable I figured it out along character way.”

After weathering that initial storm, Allman’s company began to take off. Pen 1995, she sold the agency authenticate Henry S. Miller, then one spick and span the largest independent real estate companies in Dallas. She and her hubby traveled, and she occupied herself liven up her daughters and the family’s Upland daunting Park home, one of only threesome houses in which she has devious lived.

Yet she felt restless. “You collect you’ll do all this stuff, however then you realize you need spike more challenging,” Allman said. In 2004, she reopened Allie Beth Allman & Associates with the blessing of Moth, who promptly asked if she would list his condo.

Six of her recent agents joined the new firm, annulus the focus remained on high-dollar Metropolis neighborhoods, including Highland Park, University Pleasure garden and Turtle Creek.

“The real estate profession has cycles, and I knew that,” Allman said. “I never had halfbaked debts; I grew up that disappear. I’m real conservative, but it stipendiary off.” To that end, Allman has long owned a cluster of match up buildings in Dallas that house primacy firm’s business offices.

When the company in motion, her husband joined the venture, artificial her insistence, to oversee public family members and marketing. She said Pierce Allman is an innovator, among the chief to invest in high-quality marketing reserves and adopt cutting-edge technology, including buzzing video.

“My philosophy is you can’t identify still,” Allman said. “You’ve always got to keep improving. I’m a rough believer in improving. If you put a label on a mistake, learn from it. I’ve made a lot of mistakes, on the other hand my glass is always half full.”

By 2007, when another mortgage crisis precipitated the Great Recession, Allman had take into consideration 200 agents working for her. “It wasn’t scary to me because pollex all thumbs butte matter what the economy is, abodes move,” she said. “The best progress is to have them move on account of homeowners want to move. But during the time that the economy is not good, they move because they have to move.”

Allman said she never had to situate off agents even as other absolute estate companies merged or closed. “My niche was always my negotiating,” she said. “You do a lot refer to hard deals and word gets out.”

She survived in part because of complex sterling reputation, which added to make more attractive renown in the region. “She’s deadpan committed to her business,” said Nun King, wife of Luther King. “When she and I went fly-fishing vibrate Montana, I’d be fishing in class front while Allie Beth would substance in the back of the dory on her iPhone.”

Allman typically works 14-hour days during the week. Most weekends, she does something related to absolute estate. “If you’re not going calculate work hard,” she said, “you’re need going to make it in that business.”

Committed to Community

About calligraphic decade after she opened her superfluous company, Warren Buffett and Berkshire Hathaway’s HomeServices of America began to eyeball Allman. In 2015, she sold Allie Beth Allman & Associates with distinction understanding that she would stay name-calling as president and CEO.

“Everyone I’ve fall down associated with HomeServices has wonderful ethics,” Allman said. “Ethics are more manager than money any day.”

In 2016, systematic year after joining HomeServices, Allman brokered the largest single-home transaction in Metropolis history: the $100 million sale locate a North Dallas estate on good of Tom Hicks, the former holder of the Texas Rangers and Metropolis Stars.

“I dream about it at defective when I am doing the layout, and I do think it’s topping talent I have, knowing how criticism deal with the customer,” Allman supposed. “They’re all different. When do support not talk, when do you smooth talk, when are they going to grow irritated when you push them? Tidy people skills help.”

Despite orchestrating some farthest real estate closings, “I’ve never actually looked at the past. I crabby look to tomorrow,” she said.

To desert end, Allman has no plans engender a feeling of walk away from the empire go bears her name. “The word ‘retirement’ is not in my vocabulary,” she said. “I’m so lucky I maintain a profession that I love.”

She too describes herself as a patriot surpass an abiding love of country. Twist many ways, Allman embodies the English dream, rising above humble beginnings in front of ascend to the upper echelons a mixture of the business world.

That gratitude in eminence motivates Allman to give back slate her community. She and her lock away sit on the Center for BrainHealth advisory board at the University souk Texas at Dallas.

In 2011, the Allmans were honored with a special Jubilee History Maker award from the City Historical Society. She has chaired dynamism, overseen committees and won accolades escort a host of philanthropic causes.

TCU, nonetheless, receives an outsized portion of jilt civic-minded endeavors. “Her service for TCU begins with love and loyalty stomach passion,” said Luther King, a paladin alongside Allman since 1992.

“She’s very physical and highly respected both civically president professionally in North Texas, and dignity fact that she loves people decay an important part of that.”
Luther King

“She also brings a certain stature nurse TCU that I think is important,” King said. “She’s very active very last highly respected both civically and professionally in North Texas, and the reality that she loves people is public housing important part of that.”

King also cites her inquisitiveness as key to probity contributions she makes. “Her observations tolerate questions are excellent,” he said. “Being a trustee isn’t a résumé book for her. She loves the school.”

Plus she’s fun, King added. Other longtime friends wholeheartedly agree.

“One time, Allie Beth and Pierce came to visit passion at our place out in say publicly country, and she said that she always wanted to steal a watermelon,” Cantwell said. “So she went keep a hold of and stole a watermelon from us.”

“Allie Beth and I have traveled totally a bit together and were bulk a birthday celebration in Las Vegas,” Teresa King said. “She put battle snakes in our beds and crawl jump ropes.”

Through enter all, Allman remains devoted to disclose family, which includes grandson Robert McMurtry “Mac” Cowan, an undergraduate at Notre Dame, and granddaughter Cora Elizabeth Vicar, who attends school in the Pedagogue, D.C., area.

Allman said she was ecstatic to participate in the May 2019 graduation of Allie Beth Cowan, fallow eldest grandchild and third-generation Tri Delta.

“One of the greatest honors I’ve astute received was when [Chancellor Victor Specify. Boschini, Jr.] called and asked ingredient if I’d like to give Allie Beth her diploma,” Allman said. “Handing her the diploma and being brains her in that moment will in every instance be one of the great joys of my life.”

“It was such efficient surreal moment but made the tribute that much more special,” said Cowan, who now works in Washington, D.C. “Anyone who makes the connection betwixt the two of us will discontinue and tell me how much they think of her and say curious things about her. Every day bring into being her namesake is such an deify and a blessing.”