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South Dakota Real Estate Commission

South Dakota Real Estate Commission, SDREC has the responsibility of keeping the public interest intact while doing any real estate transaction. For this there are acts that helps the commission to achieve this goal. These are
  • The Timeshare Act
  • The Subdivision Act
  • Real Estate Licensing Act
  • The Condominium Act

SD Real Estate Commission: An Overview

Through these acts real estate professionals that includes real estate brokers, salesperson, property managers, timeshare agents, auctioneers and home inspectors are guided and regulated. The Pre-licensing schools for all these are listed by the SD Real Estate Commission. Along with this wiling real estate candidate can also find classroom information with info on distance learning and independent study.

After completing the education from the approved school of real estate by South Dakota Real Estate Commission there is a turn of exam and licensing. Complete list of licensing course requirement has been mentioned in the official website of commission. Candidates can also get the list of forms and supplemental guide that serve as a very good tool of information provider. Along with this annual fee schedule can also be checked. Once the education, exam and licensing related formalities have been done, the candidate becomes the real estate professional. Now the renewal of the license is done after the prescribed period of time, which again is done by the SD Real Estate Commission.

Besides all these education and licensing related work, South Dakota Real Estate Commission is also responsible for investigating the complaints. But disputes of real estate with monetary loss are taken care by the Small Claims Court. For other real estate related claims against the licensed real estate experts, the commission can be consulted. Applicant needs to submit the complaint form. The commission also send the copy of the complaint form to the license holder and ask for the answer within 20 days. If the response is given then the copy of it is also mailed to the complainant. South Dakota Real Estate Commission then investigates the whole case and can either dismiss the case or call for the formal or informal hearing. In case of the fault the case is resolved with the disciplinary action.

To handle the matter real estate commission meets regularly. The minutes and schedule of the meeting can be checked in the official website. Contact address and website link of the SD Real Estate Commission, SDREC has been given by the Realestatezing.com for further reference.

Address
South Dakota Real Estate Commission
221 W. Capitol, Ste. 101
Pierre, SD- 57501
Website: http://www.state.sd.us/sdrec/


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