Real Estate Agent in South Dakota

Requirements, salary data, licensing costs, and career ROI for SD

Median Salary
$54,410
South Dakota (2024)
National Median
$56,320
All states
License Fees
$519
Exam + application
Time to Complete
Varies (application within 60 days of exam)
From start to licensed

How to Become a Real Estate Agent in South Dakota

To become a Real Estate Agent (Broker Associate) in South Dakota, you must first complete a 116-hour pre-licensing course approved by the South Dakota Real Estate Commission. After completing the education, you need to pass the South Dakota Real Estate Broker Associate Exam, which includes national and state portions. Finally, submit your application with the required fees, proof of E&O insurance, and undergo a background check with fingerprints. South Dakota does not have formal reciprocity with other states, but a licensing-by-endorsement pathway is available for out-of-state licensees.

Real Estate Agent Requirements in South Dakota

DetailSouth Dakota
Licensing BodySouth Dakota Real Estate Commission
State License Required Yes
Education116-hour pre-licensing course
Exam South Dakota Real Estate Broker Associate Exam (PSI) - National and State Portions ($294)
Application Fee$225
RenewalEvery 2.0 years
Continuing Education24.0 hours per cycle
NotesApplicants must be at least 18 years old, a U.S. citizen or South Dakota resident, and of reputable character. E&O insurance is required. A background check with fingerprints is mandatory, costing an additional $43.25.

Source: South Dakota Real Estate Commission

License Tiers

South Dakota offers multiple tiers of real estate agent licensing:

Tier Hours Required
Broker Associate N/A
Responsible Broker N/A

Real Estate Agent Salary in South Dakota

The median real estate agent salary in South Dakota is $54,410 per year, which is 3.4% below the national median of $56,320.

PercentileAnnual Salary
10th (entry level)$40,420
25th$45,330
50th (median)$54,410
75th$77,550
90th (experienced)$94,310

South Dakota employs approximately 330 real estate agents.

Real Estate Agent Job Outlook

10-Year Growth
+3.1%
Average
Annual Openings
36.6
Nationwide per year
Total Employment
420.9
Nationwide

AI Impact on Real Estate Agents

High AI Exposure (Score: 0.86/1.00)

Many tasks in this career are susceptible to AI automation. Long-term career planning should account for potential disruption.

Is Becoming a Real Estate Agent in South Dakota Worth It?

Factors to consider: South Dakota's cost of living, the state licensing requirement, moderate job growth, elevated AI disruption risk, and your personal career goals.

Frequently Asked Questions

What are the steps to becoming a real estate agent in South Dakota?
The path to real estate agent licensure in South Dakota: complete the required education (116-hour pre-licensing course), pass the South Dakota Real Estate Broker Associate Exam (PSI) - National and State Portions, and submit your application ($225 fee).
Do I need a license to work as a real estate agent in South Dakota?
You cannot practice as a real estate agent in South Dakota without a state license from South Dakota Real Estate Commission. The required exam is the South Dakota Real Estate Broker Associate Exam (PSI) - National and State Portions.
What do real estate agents earn in South Dakota?
real estate agents in South Dakota earn a median of $54,410 annually. That's roughly in line with the $56,320 national median. Entry-level (10th percentile) starts at $40,420, while experienced professionals (90th percentile) earn $94,310.
How much does it cost to become a real estate agent in South Dakota?
The full cost to enter the field runs about varies, factoring in exam fee ($294) and application fee ($225) and required training.
How quickly can I become a real estate agent in South Dakota?
In South Dakota, becoming a real estate agent generally takes Varies (application within 60 days of exam), accounting for education requirements, hands-on training, and the exam process.
How many CE hours do real estate agents need in South Dakota?
License renewal in South Dakota requires completing 24.0 hours of continuing education on a 2.0-year cycle.

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