May a real estate broker pay a licensee compensation for negotiating a short sale?

No, negotiating a short sale for or in anticipation of receiving compensation for short sale negotiation activity requires a loan originator’s license issued by the Arizona Department of Financial Institutions (AZDFI) AND employment with a mortgage broker or mortgage banker. All compensation paid for short sale negotiations shall be paid by the mortgage broker or banker to whom the person negotiating short sales is licensed. (Effective July 2010)