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FOREWARN Partners with Austin Board of REALTORS®

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FOREWARN, a red violet company (NASDAQ: RDVT), partners with Austin Board of REALTORS® to offer real-time safety services to 16,000+ real estate professionals in Texas. The services include identity verification, criminal history search, and client information validation, enhancing agent safety and confidence.
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One of the largest Associations in the state of Texas contracts to make FOREWARN services available for its 16,000+ real estate professional members to promote proactive agent safety

BOCA RATON, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company (NASDAQ: RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that Austin Board of REALTORS® (“ABOR”) will offer FOREWARN® services to its 16,000+ members it serves across 18 counties in Central Texas to promote proactive real estate agent safety.

Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with the ability to mitigate risks by verifying identity, searching for criminal histories, and validating information provided by potential clients -- using just a phone number. FOREWARN allows agents to properly and safely plan for showings with a higher level of confidence.

The FOREWARN services offered by ABOR are available to the 16,000+ members at no additional cost to individual agents.

“We are thrilled to be announcing this important new member benefit,” said Emily Chenevert, CEO of Austin Board of REALTORS®. “With FOREWARN at their fingertips, members will be able to work with greater safety and peace of mind as they quickly verify prospect identity, risks, and potential fraud. Part of our mission is providing the tools and data that our members need to thrive and FOREWARN absolutely helps us to accomplish that.”

Existing ABOR members will receive specific instructions on how to move forward with activating their FOREWARN subscription as an included benefit.

All other real estate agencies, agents, and appraisers can learn more about FOREWARN at www.forewarn.com.

About FOREWARN®
At FOREWARN, we bring instant knowledge through innovative solutions to ensure safer engagements and smarter interactions. Leveraging powerful analytics and a massive data repository, our solutions enable organizations to gain real-time knowledge, for purposes such as verifying identity, searching for criminal histories, and validating information. Risk assessment and due diligence at your fingertips™.

RELATED LINKS: www.forewarn.com

About red violet®
At red violet, we build proprietary technologies and apply analytical capabilities to deliver identity intelligence. Our technology powers critical solutions, which empower organizations to operate with confidence. Our solutions enable the real-time identification and location of people, businesses, assets and their interrelationships. These solutions are used for purposes including identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. Our intelligent platform, CORE™, is purpose-built for the enterprise, yet flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. Our solutions are used today to enable frictionless commerce, to ensure safety, and to reduce fraud and the concomitant expense borne by society. For more information, please visit www.redviolet.com.

FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipate,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations, including whether FOREWARN will address critical safety concerns and needs for ABOR members and whether FOREWARN will serve as a tool for ABOR members to help them quickly verify prospect identity, risks and potential fraud. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are advised to consider the factors listed above together with the additional factors under the heading “Forward-Looking Statements” and “Risk Factors” in red violet’s SEC Filings. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Investor Relations Contact:

Camilo Ramirez
Red Violet, Inc.
561-757-4500
ir@redviolet.com


FAQ

What is the partnership between FOREWARN and Austin Board of REALTORS® about?

The partnership aims to provide real-time safety services to 16,000+ real estate professionals in Texas.

How many members does Austin Board of REALTORS® serve?

ABOR serves over 16,000 members across 18 counties in Central Texas.

What services does FOREWARN offer to real estate agents?

FOREWARN provides identity verification, criminal history search, and client information validation using phone numbers.

How will the FOREWARN services benefit ABOR members?

Members can work with greater safety and peace of mind by quickly verifying prospect identity, risks, and potential fraud.

What is the cost of FOREWARN services for ABOR members?

The services are available at no additional cost to individual agents.

Who commented on the partnership from Austin Board of REALTORS®?

Emily Chenevert, the CEO of ABOR, expressed excitement about the new member benefit.

How can existing ABOR members activate their FOREWARN subscription?

Existing members will receive specific instructions on how to activate their FOREWARN subscription as an included benefit.

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