Image: South Dakota Real Estate Commission

image: South Dakota Real Estate Commission
Image: South Dakota Real Estate Commission

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(includes current information regarding "single" licensing)

 

REAL ESTATE LICENSE RENEWAL

License renewals will be mailed late September/early October to those licensees whose licenses will be expiring on December 31, 2010.  If you do not know when your license expires you can look up your expiration date in our  roster

Renewal Forms

Auctioneer

Broker/Broker Associate/Salesperson

Errors & Omissions Insurance - 2010

Firm

Home Inspector

Property Manager

Residential Rental Agent

Timeshare Agent

The chart below summarizes what the different license categories require for renewal.

LICENSE TYPE

LICENSE STATUS

RENEWAL FEE

PROOF OF E & 0 PART

CONTINUING EDUCATION

Broker

Active

$125.00

Yes

24 hours (at least 12 must be in the required subject matter)

Broker

Inactive

$125.00

No

None required

Broker, Nonresident

Active

$125.00
Must also submit Certification of Licensure from state of residency.

Yes

Must meet educational requirements in state of residence .

Broker, Nonresident

Inactive

$125.00

No

None required

Salesperson

Active

$125.00

Yes

24 hours (at least 12 in required subject matter)

Salesperson

Inactive

$125.00

No

None required

Salesperson, Nonresident

Active

$125.00
Must also submit Certification of Licensure from state of residency.

Yes

Must meet educational requirements in state of residence.

Salesperson, Nonresident

Inactive

$125.00

No

None required

Auctioneer

Active

$125.00

Yes

24 hours (at least 12 in required subject matter)

Auctioneer

Inactive

$125.00

No

None required

Property Manager

Active

$125.00

Yes

24 hours (at least 12 in required subject matter)

Property Manager

Inactive

$125.00

No

None required

Residential Rental Agent

Active

$50.00

Yes

12 hours in required subject matter

Residential Rental Agent

Inactive

$50.00

No

None required

Timeshare Agent

Active

$125.00

No

None required

Timeshare Agent

Inactive

$125.00

No

None required

Home Inspector

Active

$100.00

No

24 hours of approved home inspector education

Home Inspector

Inactive

$100.00

No

None required

 

License renewals must be received by the commission by November 30, 2010.  Licensees renewing after the renewal deadline owe a late fee.  Below is the late fee payment schedule:

 

Month Payment Received

Late Fee Due

December

$20.00

January

$40.00

February

$60.00

March

$80.00

April

$100.00

May

$120.00

June

$140.00

 

The applicable late fee must be enclosed with the renewal fee or the renewal application will be returned.

 

 
 

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