How To Become A Licensed Real Estate Broker In South Dakota
With the housing market well on the way to complete recovery, many licensees making the move to become a real estate broker in South Dakota. After all, one of the benefits of a forming a career in real estate is the control it allows you in shaping your personal success. The step towards becoming a broker is the beginning of an exciting new chapter in the life of a real estate professional. There is no need to wait for a promotion. A real estate licensee is able to simply make the decision to sign up for broker training and the state exam. Once this decision has been made, it may be only a matter of weeks before you are working as a South Dakota broker. Real estate sales associates in South Dakota who are ready to take the next step in their real estate careers can begin the process of becoming a licensed real estate broker by completing the state’s requirements for licensure.
South Dakota Real Estate License Requirements
- Age: at least 18 years old
- Experience: 2 years of active real estate experience
- Courses: complete 116 hours of real estate courses
- Exam: pass the real estate exams (2 parts) with at least a 75% score
Real Estate Broker Licensure Exam in South Dakota Do you want to become a real estate broker in South Dakota? Here is the information you should know to get a license.
There are 2 parts of the South Dakota Real Estate Salesperson Exam: multiple choice and simulated response. Multiple choice part has more questions and is more complex than the other part. There will be such number of questions in each part of the exam:
Multiple choice part: 140 questions (answer 105 questions correctly to pass this part)
Simulated response part: 10 problem-situations (you must get 75% to pass this part)
Time limit: 3.5 hours for the first part and 3.5 hours for the second part
You should visit goamp.com to have all information you need for the Real Estate Broker Exam in South Dakota.
You will take the exam on a computer and you will be able to see your results when you finish it. Don’t bring any books to the testing room. Arrive 30 minutes before the exam starts. Don’t forget to take with you 2 forms of ID and a calculator for the math part.
You have to pay $95 of registration fee to take South Dakota Real Estate Salesperson Exam and the retake fee is the same.
Real Estate Broker Software
The Right Tools The most professional real estate workers often require software to efficiently sort through paper work. It has been pointed out that good software such as Brokermint can transform a real estate business for the better. Back office software should be able to create a consistent and manageable flow from lead generation to closing and accounting. It should be able to cross integrate with Contact Management systems (CRM), MLS and Accounting Packages. The main goal of this type of software is to help real estate experts save time managing day-to-day operations, get instant visibility on production data and remain in compliance with regulations.
Software like Brokermint perfectly fits for small companies that recently started their real estate business.
There are other tools that are useful to real estate agents. Having a strong social media presence through sites such as Facebook or LinkedIn can come in very handy in attracting potential customers. Also consider using Zillow and Trulia. These websites help track information on available real estate properties in local areas. Be sure to familiarize yourself with the kinds of tools that real estate brokers need to work in the field. It is a necessity to feel prepared in this business.
We have licensed brokers on our team to help with all technology related questions. Get your free real estate technology consultation now!
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