The Real Estate Encyclopedia
South Dakota Real Estate Commission
Category - Government Agencies - State Real Estate Agencies

Real Estate Salesperson:   The term real estate salesperson is not used in South Dakota, but rather a real estate broker associate. The requirements for a real estate broker associate license in South Dakota include being at last 18 years, have to successfully complete at least 60 hours of approved real estate education - Course I (Principles & practices of Real Estate), and 40 hours of Course II (broker-level). No previous experience is required. All broker associate applicants need to pass the real estate exams with at least a 75% score and be approved by the Commission.

Continued education:   Contact the South Dakota Real Estate commission for details.

Broker applicants:   Must be at least 18 years of age, have two years of active licensed real estate experience, plus successfully completing the education requirement of 60 hours of Course I, 40 hours of Curse II, and 15 hours of Broker Course III. Applicants must pass the real estate exams with at least a 75% score and be approved by the Commission.

Reciprocal license recognition & Non-residents:   South Dakota has reciprocity agreements with approximately 18 other states. Applicants from most of these states will need to provide errors and commissions insurance.  A broker associate or salesperson needs to be licensed under a South Dakota non-resident broker.



Additional Note:
South Dakota Real Estate Commission - of the South Dakota Department of Revenue and Regulation, administers all aspects of the real estate licensing act within the state.


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Category(s)
Government Agencies - State Real Estate Agencies
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