FOREWARN Partners with Greater Louisville Association of Realtors®
FOREWARN, a subsidiary of red violet (NASDAQ: RDVT), announced a contract with the Greater Louisville Association of Realtors® (GLAR) to offer FOREWARN services to over 5,000 REALTOR® members, enhancing agent safety. Members will access identity verification, criminal history checks, and client information validation through the service at no extra cost. GLAR's president, Judie Parks, emphasized the added safety and value for members. The initiative aims to empower REALTORS® with tools for safer transactions, with activation instructions provided on July 22, 2021.
- Contract with GLAR to provide FOREWARN to over 5,000 members, enhancing agent safety.
- No additional cost for members to access FOREWARN services, increasing member value.
- FOREWARN enables real-time identity verification and risk mitigation for agents.
- Forward-looking statements caution that effectiveness of FOREWARN in improving safety is uncertain.
Kentucky’s largest MLS contracts to make FOREWARN services available for its 5,000+ REALTOR® members to promote proactive agent safety
BOCA RATON, Fla., July 22, 2021 (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 the Greater Louisville Association of Realtors® (GLAR) and its subsidiary Metro Search, Inc. (MSI) have contracted to make FOREWARN® services available for the 5,000+ REALTOR® members it serves throughout the greater Louisville 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 MSI will be available to the 5,000+ real estate agent membership at no additional cost to individual agents.
“We are happy to announce that GLAR is now providing FOREWARN as a benefit to all our members,” said Judie Parks, president of Greater Louisville Association of Realtors®. “Having FOREWARN at their fingertips is certainly going to provide greater member value, but even more importantly, it is going to provide a greater level of safety and awareness. We are thrilled to be empowering our members with this essential tool.”
On July 22, 2021, existing MSI members will receive specific instructions on how to move forward with activating their FOREWARN subscription.
All other real estate agencies and agents 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 safety concerns for MSI members and whether FOREWARN will provide a greater level of safety and awareness to its members. 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 recent contract announced by RDVT?
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