Under what circumstances can a licensed salesperson in South Dakota hold concurrent licenses with multiple brokers?

A licensed salesperson in South Dakota is not permitted to hold concurrent licenses with multiple brokers under any circumstances. This regulation is in place to prevent conflicts of interest and to ensure that the licensee is fully committed to the brokerage they are currently associated with. By having a singular association with one broker, it promotes accountability and clarity in representation for clients, thereby maintaining the integrity of real estate transactions.

The law stipulates that a salesperson must work under the supervision of a designated broker, and having affiliations with multiple brokers could lead to dual representation issues and confusion regarding the advisory responsibilities to clients. This structure aims to protect both the clients and the real estate profession's standards within South Dakota. The alternatives presented do suggest conditions or permissions that theoretically might allow for multiple licenses, but in practice, the law is clear that concurrent licenses in this context are not allowed.