A person wishing to become licensed in SD must first pass the Pre-Licensing class, then within two years of completing the course they need to pass two state tests. Information about these tests is at www.goamp.com
The first test, the Broker Multiple-Choice Exam, is similiar to the online prec-licensing tests. It has two sections - national real estate concepts & SD Law - you must pass both sections with a 75%. If you don't pass one of the sections you must take that sections over again, but you do not need to retake the section you passed. (The price for taking either section over is the same price as taking both sections over.)
The second test, the Broker Simulation Exam, is an advanced story problem test where you can not change an answer nor can you go back to previous questions. Some questions have you choose only the best answer from the choices and some questions have you choose all correct choices. Each possible answer is scored from -3 to +3 points. You must scores at least 75% on both the information gathering questions and 75% on the decision making questions. If you don't pass both sections, you will take both sections of the test again, and have to pass both sections the next time.
They are not really 'first test' and 'second test' as they can be taken in any order. After passing both- of the tests, you application for a real estate license (complete with application fee, authorization for finger printing, and finger printing fee), must be received by the South Dakota Real Estate Commission within 60 days. The application can be found on their website: http://www.state.sd.us/sdrec/. If you activate your license you must also carry Errors and Ommissions Insurance Coverage.
Call me (or read my other blogs) for more complete information on start-up costs. Carol Lawhun 605-390-2338.