The sector urges the Government to review the regulations to allow students to undertake practical work under supervision while undertaking a Certificate IV in Property Services, without impacting the recently elevated training standards.
The REIV applauds the Victorian government for lifting entry standards, however, the unintended consequence is that it has significantly slowed the new talent coming through the sector.
The real estate profession is a leading economic contributor, currently employing thousands with almost 73 per cent (2021 ABS Census of Population and Housing) of all rental properties are managed by a real estate agent.
Since 2017, Victoria has seen an increase of 53 per cent to 56,000 people employed in the property sector. Its potential to employ thousands more is in front of government and industry, and a few simple changes could see the state attract more professionals, including many from interstate.
The Victorian Government needs to help attract new talent to work in the real estate industry, as the sector is experiencing significant staffing shortages, especially in residential property management and junior roles.
The Real Estate Institute of Victoria (REIV) is pleased to announce the appointment of Megan Mander as Chief Operating Officer.
Read moreThe Real Estate Institute of Victoria (REIV) welcomes the State Opposition’s commitment to abolish stamp duty for first home buyers, an overdue reform that will help address the housing affordability crisis facing many Victorians.
Read moreThe Real Estate Institute of Victoria (REIV) today announces a leadership transition, with Chief Executive Officer Kelly Ryan stepping down from her position. REIV President Jacob Caine has been appointed as Interim CEO, taking a leave of absence from the Board.
Read moreThe Real Estate Institute of Victoria (REIV) has highlighted the lack of meaningful property sector reform in the 2025-26 Victorian State Budget (Budget), amid concerning new data reflecting diminishing investor confidence and the Victorian government reportedly forecast to generate $18.2 billion from property taxes this financial year.
Read moreStatement by the Reserve Bank Board: Monetary Policy Decision
Read moreThe government has introduced mandatory new owners corporation fee notices that provide information and advice to owners and residents facing financial hardship.
Read moreAs the federal election on 3 May 2025 approaches, the Real Estate Institute of Australia (REIA), in collaboration with the REIV, has released its 7-Point Election Commitments: A Home for All Australians.
Read moreOpinion editorial in the Herald Sun by CEO Kelly Ryan
Read moreAs announced under the Housing Statement in September 2023, mandatory CPD will commence rollout from November 2026. Mandatory CPD will apply to all real estate professionals, including real estate agents, property managers, owners corporation managers, and conveyancers.
Read morePositive quarterly price results across metropolitan and regional Victorian houses, and units and apartments for the first time since December 2021, reflect a stabilising Victorian property market, offering diverse opportunities for enabled buyers.
Read moreThe Real Estate Institute of Victoria (REIV) congratulates Paul Tzamalis of the Auction Company as the 2025 REIV Senior Auctioneer of the Year. Greg Brydon of Apollo Auctions was awarded runner-up.
Read moreStatement by the Reserve Bank Board: Monetary Policy Decision
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