FOREWARN Partners with Columbus REALTORS®
Red Violet (NASDAQ: RDVT) announces a contract with Columbus REALTORS® to provide FOREWARN services to over 9,000 real estate agents in Columbus, Ohio. This collaboration aims to enhance agent safety by enabling quick verification of identities and checking criminal histories using just a phone number. The service is offered at no additional cost to members. CEO Brent Swander emphasizes the critical safety and fraud prevention benefits of the FOREWARN system, which empowers real estate professionals to operate with greater confidence.
- Contract with Columbus REALTORS® increases FOREWARN service adoption among 9,000 members.
- FOREWARN provides risk mitigation capabilities through identity verification and criminal history checks.
- The service is free for REALTOR® members, enhancing its attractiveness and potential user base.
- Dependence on the effectiveness and user adoption of FOREWARN for actual safety improvements.
- Potential risks remain regarding the accuracy and reliability of data provided by FOREWARN.
The largest local REALTOR® Association in the state of Ohio contracts to make FOREWARN services available for its 9,000+ REALTOR® members to promote proactive agent safety
BOCA RATON, Fla., Jan. 04, 2023 (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 Columbus REALTORS® & Columbus and Central Ohio Regional MLS have contracted to make FOREWARN® services available for the 9,000+ REALTOR® members they serve throughout the Columbus area 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 purchased by Columbus REALTORS® are available to the 9,000+ real estate agent and appraiser membership at no additional cost to individual members.
“We are thrilled to be providing this critical new benefit for our members,” said Brent Swander, CEO of Columbus REALTORS®. “FOREWARN empowers agents and appraisers to quickly verify the identity of their prospects as well as potential risks. It cannot be overstated, both from a safety and fraud-prevention perspective, how important it is for members to be able to verify that a prospect is indeed who they say that they are. Utilizing FOREWARN in their safety protocol, members will be able to plan for their prospect interactions with greater peace of mind.”
Existing COLUMBUS & Central Ohio Regional MLS members will receive specific instructions on how to move forward with activating their FOREWARN subscription.
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 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 COLUMBUS REALTORS® members and whether COLUMBUS REALTORS® using FOREWARN in their safety protocol will be able to plan for their prospect interactions with greater peace of mind. 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 significance of the contract between Red Violet and Columbus REALTORS®?
How does FOREWARN enhance real estate agent safety?
What are the costs for REALTORS® to use FOREWARN services?
When was the contract with Columbus REALTORS® announced?
What is the stock symbol for Red Violet?
