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 REIV celebrated it's annual Awards for Excellence last night. Congratulations to all the winners.
Read moreThe Real Estate Institute of Victoria (REIV) welcomes the Victorian Government’s plan to offer stamp duty concessions on all new apartments, units and townhouses purchased off-the-plan in Victoria.
Read moreQuarterly median price data from the Real Estate Institute of Victoria (REIV) showed modest price changes across the state for the period ending 30 September 2024, but outer Melbourne units and apartments bucked the trend showing considerable growth for the third consecutive quarter.
Read moreJacob Caine has been reappointed as President of the Real estate Institute of Victoria (REIV) for a second term following a vote of REIV board members last night.
Read moreStatement by the Reserve Bank Board: Monetary Policy Decision
Read moreOften, buyers looking to buy a house or unit limit their search to a handful of known suburbs, blissfully unaware that some great alternatives may be available.
Read moreThe REIV has reinforced its commitment to an ethical and transparent Owners Corporation Management sector through training.
Read moreNew Plan for Victoria must consider diverse housing needs and strategies that attract investment to finance the Plan
Read moreAnthony Molinaro and Joseph Walton have been elected to the REIV Board of Directors.
Read moreThe Victorian Government’s intent to improve the energy efficiency standards of rental properties is commendable. However, the reality of rolling out these standards too quickly will create significant financial pain for rental providers in a very short period.
Read moreThe Victorian Government has commenced its Developing a new plan for Victoria campaign. As part of its wider Housing Statement agenda, the government is seeking feedback for its Big Ideas initiatives.
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