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AgencyCompensationMEDIUM

A South Dakota real estate salesperson can accept a commission from:

Correct Answer

C) Their employing broker only

In South Dakota, a salesperson may only receive compensation through their employing broker. Accepting commissions directly from buyers, sellers, or other brokers is a violation of licensing law.

Answer Options
A
The buyer directly
B
The seller directly
C
Their employing broker only
D
Any party to the transaction

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Related Topics & Key Terms

Related Topics:

broker-supervisioncompensation-rulesreferral-feesindependent-contractor

Key Terms:

compensationemploying brokersalespersonlicensing lawproper channels
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