Licensing facts · 2026
How much does a South Dakota real estate license cost?
Broker-only state: entry license is Broker Associate (116-hr prelicense; 60-hr post-license over first two cycles, excluded). DLR fee page: $225 application + $15 certificate of licensure; DLR lists exam as $294 ($98 x 3 portions) but PSI bulletin (9/1/2025) says $105 for combo - used $105. DCI fingerprint $50 eff. Oct 1, 2025 (via secondary source citing DLR). E&O mandatory for active licensees via RISC group policy; premium not published (null) - totals include rough $150-$300 allowance in high. Responsible broker: 2 yrs active broker associate + 24-hr course; broker_exam shows the PSI broker exam taken at entry level (no separate responsible-broker vendor exam confirmed). No published pass rates.
- License fee
- $15.00
- Exam fee
- $105.00
- Fingerprint fee
- $50.00
- Estimated total low
- $880.00
- Estimated total high
- $1,850.00
Sources
- https://test-takers.psiexams.com/api/content/bulletin/5101
- https://dlr.sd.gov/realestate/fees.aspx
- https://dlr.sd.gov/realestate/errors_omissions_insurance.aspx
- https://dlr.sd.gov/realestate/licensing_information_nonresident.aspx
- https://realestateu.com/real-estate/guides/south-dakota-real-estate-license-cost
- https://sdlegislature.gov/api/Statutes/43-4-21.html
Last verified: 2026-10-23