Application Fee
See board websiteVerified by SD Board of Business
Real Estate Broker Licensing in South Dakota
Review current requirements, exam details, renewal cycle, and salary outlook for real estate broker in South Dakota, including See board website and board contact links.
Last verified: Feb 12, 2026
Exam Requirement
State-approved examRenewal Cycle
See board renewal rulesLicensing Blueprint for Real Estate Broker in South Dakota
Estimated timeline: 6-24 monthsCore Requirements
- License Type: Register with licensing agency
- Education: Varies by state board
- Examination: State-approved exam
- Application Fee: See board website
Application Snapshot
- Licensing Authority
South Dakota Real Estate Commission
- Current Filing Fee
See board website
- Renewal Cycle
See board renewal rules
- Salary Position
$72,280 median (0% above national)
- State Salary Rank
#22 of 50 states
Step-by-Step Process (4)
- 1. Meet South Dakota eligibility requirements for Real Estate Broker licensure.
- 2. Complete approved education or training requirements.
- 3. Pass required state examinations.
- 4. Submit your application to the South Dakota Real Estate Commission.
Salary Insights in South Dakota
With a median salary of 72,280, Real Estate Brokers in South Dakota earn 0% above the national median of 72280. South Dakota ranks #22 among 50 states. The typical licensing timeline is 6-24 months.
State Hiring Climate (QCEW)
RisingQoQ Employment Change
+3.6%Average Weekly Wage
$1,123Median annual salary
$72,280Hourly estimate
$34.750% above national median
Difference: +$0
Percentile Distribution
Annual compensationReal Estate Broker Salary Ranking
#22 of 50 statesfor Real Estate Broker median salary
| Rank | State | Median Salary |
|---|---|---|
| #1 | Iowa | 116,920 |
| #2 | Massachusetts | 112,180 |
| #3 | New York | 94,170 |
| #4 | New Jersey | 92,890 |
| #5 | Connecticut | 90,910 |
Nearby States Comparison
Real Estate Broker licensing across the region| State | Median Salary | Education | Exam | Timeline |
|---|---|---|---|---|
| South Dakota | $72,280 | Varies by state board | State-approved exam | 6-24 months |
| North Dakota | $70,820 | Specific course required | Both state and third-party exams required | 6-24 months |
| Minnesota | $66,310 | Varies by state board | State-approved exam | 6-24 months |
| Iowa | $116,920 | Specific course required | Third-party exam required | 6-24 months |
| Nebraska | $47,170 | Varies by state board | State-approved exam | 6-24 months |
| Wyoming | $72,280 | Specific course required | State exam required | 6-24 months |
| Montana | $59,310 | No educational requirements | No exam required | 6-24 months |
License by Endorsement
Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.
| State | Reciprocity Score | Tier | Notes |
|---|---|---|---|
| South Dakota | 78 | High | Board-specific review required. |
| North Dakota | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Minnesota | 78 | High | Board-specific review required. |
| Iowa | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Nebraska | 78 | High | Board-specific review required. |
| Wyoming | 54 | Low | State-specific exam conditions may apply. Documented experience may be required. |
- License status indicator: Active.
- Reciprocity and transfer rules vary by state board.
Official Licensing Agency
South Dakota Real Estate Commission
217 W Missouri Ave, Pierre, SD, 57501
Phone: 6057733600
Related Careers in South Dakota
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $102,420 | Varies by state board | 6-24 months |
| Certified Public Accountant | $77,310 | Varies by state board | 6-24 months |
| Civil Engineer | $95,110 | Varies by state board | 6-24 months |
| Financial Advisor | $123,380 | Varies by state board | 6-24 months |
FAQ
How long does it take to become a Real Estate Broker in South Dakota?
Most applicants finish the licensing path in about 6-24 months, but timing can change based on education track, exam scheduling, and board processing.
What is the typical Real Estate Broker salary in South Dakota?
The median annual salary for Real Estate Brokers in South Dakota is 72,280.
How does the Real Estate Broker salary in South Dakota compare to the national average?
Real Estate Brokers in South Dakota earn 0% above the national median of 72280, with a state median of 72,280.
Can I transfer my Real Estate Broker license to South Dakota from another state?
Transfer requirements vary by board. License status indicator: Active. Reciprocity and transfer rules vary by state board.
Who is the licensing agency for Real Estate Brokers in South Dakota?
The licensing agency is South Dakota Real Estate Commission. Review agency details at http://dlr.sd.gov/realestate.