Which of the following is NOT grounds for revoking a broker's license in South Dakota?

Accepting a listing for more than the normal commission rate is not grounds for revoking a broker's license in South Dakota because commission rates can vary based on negotiations between the broker and the client. The real estate market often allows for flexibility in commission rates, and brokers have the freedom to set their rates as long as they are disclosed and agreed upon by the client.

In contrast, failing to maintain accurate transaction records, misrepresenting property details, and committing fraud in real estate transactions are all serious violations of real estate laws and ethical standards. Maintaining accurate transaction records is essential for accountability and transparency in real estate dealings. Misrepresentation of property details can lead to significant legal consequences for both the broker and their clients, as it can result in financial losses and mistrust in the market. Likewise, committing fraud undermines the integrity of real estate transactions and is a criminal offense, likely resulting in severe penalties, including license revocation. Therefore, these actions pose potential harm not only to individuals involved but also to the broader real estate market, justifying their classification as grounds for revoking a broker's license.