LicenseCompass

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

gold
Veterans Benefits
N/A - Not displayed

Estimated Costs Est.

Exam Fee
$305
Total Estimated Cost
$500

Licensing Agency

South Dakota Real Estate Commission

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

$
Exam FeeEst.$305
Total Estimated Cost$305

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. 1

    Submit Your Application

    File your application with the licensing agency.

  2. 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

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Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.