The Schlicher-Kratz acquisition brings new opportunities to real estate professionals in PA

Polley Associates Acquires Schlicher-Kratz Institute

NEWTOWN SQUARE, Pa. – Polley Associates School of Real Estate in Newtown Square, Pa., has acquired the Schlicher-Kratz Institute from Ohio-based Hondros Education Group. The purchase became effective July 1.

Polley Associates’ classes for real estate broker and salesperson licensing, real estate appraiser certification, and real estate sales and appraiser continuing education, have helped launch and guide the careers of thousands of successful real estate professionals across Pennsylvania and New Jersey since 1971.

Polley Associates and Hondros Education Group (HEG), and their ownership families, have collaborated as educational allies for decades. In their latest venture, Polley will operate Schlicher-Kratz with an enlarged faculty of talented instructors, and continue to create in-classroom, online, and blended-learning courses that appeal to a growing audience of savvy, consumer-oriented real estate entrepreneurs.

“This new acquisition positions Polley Associates to expand its accessibility to all students,” Hugo C. Weber Jr., the company’s CEO and education director, said. “It leverages the experience, expertise, and award-winning quality of both brands for the benefit of real estate sales industry veterans and newcomers in Pennsylvania and New Jersey.”

HEG will support Polley’s content and curriculum with online education for real estate and appraisal licensees in both states. Additionally, HEG will operate the Schlicher-Kratz mortgage education division, with its popular and well-known Learn Mortgage and CompuCram brands.

“We have had a strong relationship with the leadership of Polley Associates for more than 30 years,” Linda Hondros, CEO of Hondros Education Group, added. “Bringing together Polley Associates and Schlicher-Kratz not only strengthens their position in the market, but provides more resources on which real estate brokers and salespersons, and certified residential and general appraisers, can rely.”

Although its corporate headquarters are located only 12 miles west of Center City Philadelphia, Polley Associates conducts classes throughout Pennsylvania, with locations in Montgomery, Delaware, Chester, Bucks, Philadelphia, Allegheny, Blair, Centre, Erie, Lawrence, Washington, Greene, and Westmoreland counties. The acquisition will add several Schlicher-Kratz classrooms to the busy mix.

Polley Associates’ New Jersey-licensed operations are headquartered in Moorestown.

Strategic industry partnerships, like that with Polley Associates, also boosts the growth of Hondros Education Group, said its president, Tina Lapp. “We are here to support our partners in ways that are meaningful to them,” she noted. “By providing creative solutions, we embrace and share their dedication to student success.”

About Polley Associates

Polley Associates has been teaching students how to be successful in real estate since 1971. For more than 40 years, Polley Associates has been one of the most successful real estate schools in the United States. They are headquartered in Newtown Square, Pa., (12 miles west of Center City Philadelphia), and offer courses and seminars at many locations throughout Pennsylvania and southern New Jersey. Polley Associates offers real estate sales license (pre-license), advanced level courses, and non-credit courses on timely topics, designed to meet the specific needs of real estate salespeople, appraisers, brokers, and realty firm owners. More than 80 percent of Polley Associates’ students are referred to its classes by its alumni. For more information, visit polleyassociates.com

About Hondros Education Group

Hondros Education Group is a leading national provider of professional education. With more than 50 years of experience, HEG has educated more than 1 million students through its family of brands consisting of Hondros College, Arizona School of Real Estate & Business, Hogan School of Real Estate, Hondros Learning, CompuCram, Learn Mortgage, and Hondros College of Business. Headquartered in Columbus, Ohio, Hondros Education Group offers online and in-classroom courses, exam prep solutions, and textbooks for the real estate, mortgage, appraisal, insurance, and home inspection industries. For more information, visit hondroseducationgroup.com