Complete requirements, costs, exam details — and the investing alternative most license schools don't want you to know about.
Jeb Fuller personally explains the South Dakota licensing process — and why many choose to invest instead.
South Dakota requires 116 hours of pre-license education and has no state income tax, making it an attractive state for real estate investors and agents alike.
You do not need a South Dakota real estate license to invest in South Dakota real estate.
While you spend 3–5 months and $700–$1,100 working toward a license — then split commissions with a broker — investors are already building portfolios and generating cash flow.
Commercial real estate investors in South Dakota buy NNN properties, strip malls, fast food pads, and dollar store buildings — generating passive income with zero license required. The same $700–$1,100 you'd spend on a license could be your first deal deposit.
University of Success® · Jeb Fuller, Commercial Real Estate Investor & Author
Stop Buying Houses · Fast Food Real Estate · Dollar Store Investing · Passive Income Active Intelligence
Once licensed, South Dakota agents must complete continuing education every 2 years to keep their license active. Here's exactly what's required.
Before you pay South Dakota CE fees again — ask yourself if the license is still serving your wealth goals. Investors never renew. They just keep building.
Getting a South Dakota real estate license typically takes 3–5 months. This includes completing 116 hours of pre-license education, passing the South Dakota real estate exam administered by PSI, and waiting for your application to be processed by the South Dakota Real Estate Commission.
The total cost to get a South Dakota real estate license ranges from $700–$1,100. This includes pre-license course fees ($300–$600), the PSI exam fee ($80), and the South Dakota Real Estate Commission application fee ($225).
The South Dakota real estate exam pass rate is approximately ~57%. The exam is administered by PSI and consists of both a national portion and a South Dakota-specific state portion. Many candidates need to retake the exam.
South Dakota requires 116 hours of state-approved pre-license real estate education before you can sit for the South Dakota real estate exam. This coursework covers real estate principles, practices, contracts, and South Dakota state law.
Yes. You do not need a South Dakota real estate license to invest in South Dakota real estate. Real estate investors buy and sell properties as principals — not as agents representing others — which does not require a license. Many successful South Dakota real estate investors have never obtained a license.
South Dakota real estate licenses must be renewed every 2 years. To renew, you must complete 24 hours of continuing education approved by the South Dakota Real Estate Commission and pay the renewal fee.
If you searched for Mykissock South Dakota, CE Shop South Dakota, Colibri South Dakota real estate classes, or any South Dakota real estate school online — you found this page for a reason. These providers will sell you 116 hours of coursework for $300–$600. What they won't tell you is that the majority of new South Dakota agents earn under $35,000 in year one and most quit within 24 months. You want Real Estate Education that will make you Money — Don't KISS your money away with South Dakota license classes that lead to a treadmill, not a wealth-builder.
Millions of people search each year for South Dakota real estate classes, how to get a South Dakota real estate license, South Dakota real estate license requirements, and South Dakota real estate exam prep. The South Dakota Real Estate Commission requires 116 pre-license education hours before you can sit for the South Dakota real estate exam administered by PSI. The total cost to obtain a South Dakota real estate license ranges from $700–$1,100, and the process typically takes 3–5 months.
Popular providers of South Dakota real estate license classes include Mykissock Learning, CE Shop, Colibri Real Estate, South Dakota Real Estate School, Kaplan Real Estate Education. However, before enrolling in any South Dakota pre-licensing course or South Dakota real estate CE classes, consider what these providers are incentivized not to tell you: the majority of new South Dakota agents earn less than $35,000 in their first year, and most leave the profession within two years.
The alternative — South Dakota real estate investing without a license — is available to anyone. You do not need a South Dakota real estate license to buy, own, or profit from South Dakota commercial real estate. Jeb Fuller's Commercial Real Estate Investing Masterclass is the leading South Dakota real estate investing class for people who want to build passive income and real wealth through commercial property ownership — no South Dakota real estate exam required. Whether you are searching for South Dakota real estate license cost, how long does it take to get a South Dakota real estate license, or simply the best path to financial freedom in South Dakota — this is your starting point.
Ready to build wealth in South Dakota real estate? · UniversityofSuccess.com
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