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The business, act, or practice of attempting to influence legislation or policy. For example, a lobbyist may call a legislator and urge him/her to vote for a bill that, if passed, would favor the industry or interests of lobbyist's client. Lobbying can be a lucrative business. However, a variety of rules exist in many jurisdictions to guard against the possibility that it can degenerate into bribery.
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To work for or against the passage of legislation.Currently,the two strongest lobbies in the real estate industry are the National Association of REALTORS® and the American Bankers Association.They are squared off on opposite sites of legislation that would give financial institutions the right to offer real estate brokerage services.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
A thorough study on the lobbied in Quebec found that 85 per cent of Quebec's public office holders were aware of the provincial Registry of Lobbyists; yet, there is a gap between this knowledge and concrete action by public office holders.
Semi-annual reports must be filed and list the issues lobbied on, a list of the institutions contacted, the lobbyists involved and the involvement of any foreign interest such as a foreign government or company.
* Mold: BOMA/NY lobbied for the proposed legislative task force to include industry professionals, focus on mold specific to the Northeast and require insurance companies to include mold-related losses in commercial real estate policies
Even as its planes have crashed, American has lobbied for years to water down safety and security regulations that might have helped foil the World Trade Center attacks.
An attorney, Lloyd has lobbied on a broad range of issues, from the environment to tax policy, since joining the League staff in 1977.
And Cooper, along with others, lobbied committee members, focusing in particular on then-Senator Bob Dole, who was seen as holding the deciding vote.