Regulation of Victoria's Real Estate Industry

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Question:

the Estate Agents Act along with varies regulations, Consumer affairs Victoria primary regulatory and it governs the real-estate industry in Victoria an industry the business license authority (BLA) manages large licensing industry bodies like the Real Estate Institute of Victoria (RIEV) provides professional support and adim reword

Answer:

The Estate Agents Act, along with various regulations, is primarily regulated by Consumer Affairs Victoria, overseeing the real estate industry in Victoria. The Business Licensing Authority (BLA) manages this extensive licensing framework, while organizations like the Real Estate Institute of Victoria (REIV) offer professional support and resources.