Real Estate Broker License in South Dakota
Quick Answer
South Dakota requires CRD registration, FINRA broker-dealer sponsorship, and passing the Series 7 plus Series 63 or 66 exams through the Division of Securities.
- Exam
- FINRA Series 7 + Series 63
- Total Cost
- $500 (est.)
- Timeline
- 2-4 months
- Renewal
- Every Annually (December 31)
Requirements
Real Estate Broker license in South Dakota
Estimated Costs Est.
- Exam Fee
- $305
- Total Estimated Cost
- $500
Cost Breakdown
Estimated costs for getting your Real Estate Broker license in South Dakota. Values marked "Est." are extracted from official descriptions.
Enter the cost of your pre-licensing education program
Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the South Dakota licensing board.
Real Estate Broker Salary in South Dakota
Entry Level
$46,530
Median
$96,960
Experienced
$236,560
Source: Bureau of Labor Statistics. Salary data is for informational purposes only.
How to Get Licensed
Step-by-step roadmap to becoming a licensed Real Estate Broker in South Dakota.
- 1
Submit Your Application
File your application with the licensing agency.
- 2
Receive Your License
Processing typically takes 2-4 months.
Real Estate Broker Licensing in South Dakota: What to Know
South Dakota registers securities broker-dealers through the Division of Securities within the Department of Labor and Regulation. The COS data confirms a 'Securities Broker-Dealer' listing and directs applicants to the licensing website for more information. All agents must be sponsored by a FINRA-member broker-dealer, pass the Series 7 and either the Series 63 or Series 66 exam, and register through the CRD system under South Dakota's Securities Act (SDCL Chapter 47-31B).
Frequently Asked Questions
- How much does a Real Estate Broker license cost in South Dakota?
- The estimated total cost is $500, including application fees, exam fees ($305), and education costs.
- How long does it take to get a Real Estate Broker license in South Dakota?
- The process typically takes 2-4 months, depending on education completion and exam scheduling.
- What exam do I need for a Real Estate Broker license in South Dakota?
- You need to pass the FINRA Series 7 + Series 63. N/A
Considering another state?
Compare Real Estate Broker requirements across states.
View all states →Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.