FOREWARN Partners with Howard County Association of REALTORS®
FOREWARN, , a red violet company (NASDAQ: RDVT), has partnered with the Howard County Association of REALTORS® (HCAR) to provide its real-time information solutions to over 2,000 real estate professionals in Columbia, Maryland, and the surrounding Howard County area. This partnership aims to enhance agent safety by offering FOREWARN services at no additional cost to individual agents.
FOREWARN's technology analyzes billions of data points, allowing users to verify identities, search criminal histories, and validate client information using just a phone number. This tool enables agents to plan showings more safely and confidently. HCAR President Piet de Dreu emphasized that providing FOREWARN as a core benefit reinforces their commitment to member safety.
FOREWARN, una compagnia rosso viola (NASDAQ: RDVT), ha stretto una collaborazione con l'Associazione dei REALTOR® della Contea di Howard (HCAR) per fornire le sue soluzioni di informazione in tempo reale a oltre 2.000 professionisti immobiliari a Columbia, Maryland, e nell'area circostante della Contea di Howard. Questa partnership mira a migliorare la sicurezza degli agenti offrendo i servizi di FOREWARN senza alcun costo aggiuntivo per i singoli agenti.
La tecnologia di FOREWARN analizza miliardi di punti dati, consentendo agli utenti di verificare identità, cercare storie criminali e convalidare informazioni sui clienti utilizzando solo un numero di telefono. Questo strumento consente agli agenti di pianificare le visite in modo più sicuro e sicuro. Il presidente dell'HCAR Piet de Dreu ha sottolineato che fornire FOREWARN come un vantaggio fondamentale rafforza il loro impegno per la sicurezza dei membri.
FOREWARN, una empresa violeta roja (NASDAQ: RDVT), se ha asociado con la Asociación de REALTORS® del Condado de Howard (HCAR) para proporcionar sus soluciones de información en tiempo real a más de 2,000 profesionales inmobiliarios en Columbia, Maryland, y en el área circundante del Condado de Howard. Esta asociación tiene como objetivo mejorar la seguridad de los agentes al ofrecer los servicios de FOREWARN sin costo adicional para los agentes individuales.
La tecnología de FOREWARN analiza miles de millones de puntos de datos, permitiendo a los usuarios verificar identidades, buscar antecedentes criminales y validar información de clientes utilizando solo un número de teléfono. Esta herramienta permite a los agentes programar las visitas de manera más segura y confiada. El presidente de HCAR, Piet de Dreu, enfatizó que proporcionar FOREWARN como un beneficio fundamental refuerza su compromiso con la seguridad de los miembros.
FOREWARN, 레드 바이올렛 회사(NASDAQ: RDVT),는 하워드 카운티 부동산 중개인 협회(HCAR)와 협력하여 메릴랜드 주 콜럼비아 및 주변 하워드 카운티 지역의 2,000명 이상의 부동산 전문가에게 실시간 정보 솔루션을 제공하고 있습니다. 이 파트너십은 개별 중개인에게 추가 비용 없이 FOREWARN 서비스를 제공하여 중개인의 안전을 강화하는 것을 목표로 합니다.
FOREWARN의 기술은 수십억 개의 데이터 포인트를 분석하여 사용자가 단순한 전화번호로 신원 확인, 범죄 이력 검색 및 고객 정보 검증을 할 수 있도록 합니다. 이 도구는 중개인이 더 안전하고 확신을 갖고 상담을 계획할 수 있도록 합니다. HCAR의 회장인 Piet de Dreu는 FOREWARN을 주요 혜택으로 제공함으로써 회원 안전에 대한 그들의 의지를 강화한다고 강조했습니다.
FOREWARN, une entreprise violet rouge (NASDAQ: RDVT), s'est associée à l'Association des REALTORS® du comté de Howard (HCAR) pour fournir ses solutions d'information en temps réel à plus de 2 000 professionnels de l'immobilier à Columbia, Maryland, et dans la région environnante du comté de Howard. Ce partenariat vise à améliorer la sécurité des agents en offrant les services de FOREWARN sans coût supplémentaire pour les agents individuels.
La technologie de FOREWARN analyse des milliards de points de données, permettant aux utilisateurs de vérifier des identités, de rechercher des antécédents criminels et de valider des informations clients en utilisant simplement un numéro de téléphone. Cet outil permet aux agents de planifier les visites de manière plus sécurisée et confiante. Le président de l'HCAR, Piet de Dreu, a souligné que fournir FOREWARN comme un avantage central renforce leur engagement envers la sécurité des membres.
FOREWARN, ein rotviolette Firma (NASDAQ: RDVT), hat eine Partnerschaft mit der Howard County Association of REALTORS® (HCAR) geschlossen, um ihre Lösungen für Echtzeitinformationen über 2.000 Immobilienprofis in Columbia, Maryland und der umliegenden Howard County Region anzubieten. Ziel dieser Partnerschaft ist es, die Sicherheit der Agenten zu verbessern, indem die FOREWARN-Dienste den einzelnen Agenten kostenlos zur Verfügung gestellt werden.
Die Technologie von FOREWARN analysiert Milliarden von Datenpunkten, sodass Benutzer Identitäten überprüfen, kriminelle Verläufe durchsuchen und Kundeninformationen validieren können, indem sie lediglich eine Telefonnummer verwenden. Dieses Tool ermöglicht es den Agenten, Besichtigungen sicherer und selbstbewusster zu planen. HCAR-Präsident Piet de Dreu betonte, dass die Bereitstellung von FOREWARN als Hauptvorteil ihr Engagement für die Sicherheit der Mitglieder unterstreicht.
- Partnership with Howard County Association of REALTORS® expands FOREWARN's user base by 2,000+ members
- Increased exposure in the Maryland real estate market
- Potential for recurring revenue through association-wide subscription
- Services provided at no additional cost to individual agents, potentially impacting per-user revenue
Insights
The partnership between FOREWARN and Howard County Association of REALTORS® (HCAR) is a strategic move in the real estate industry. By offering FOREWARN's services to its 2,000+ members at no additional cost, HCAR is enhancing its value proposition and potentially increasing member retention. This could lead to improved competitive positioning for HCAR in the Maryland real estate market.
From an investor's perspective, this deal expands FOREWARN's user base significantly in a single stroke, which could boost recurring revenue and market share. The partnership model also demonstrates scalability in FOREWARN's business strategy, suggesting potential for similar deals with other realtor associations. However, the financial terms of the deal aren't disclosed, making it difficult to gauge the immediate impact on FOREWARN's parent company, red violet (NASDAQ: RDVT).
FOREWARN's technology stands out in the real estate safety niche. By leveraging big data analytics to process billions of data points, it offers a comprehensive risk mitigation tool for real estate professionals. The ability to verify identities and search criminal histories using just a phone number is a significant technological advantage.
This partnership could serve as a proof of concept for FOREWARN's scalability and integration capabilities with large professional associations. It may lead to increased adoption and potentially accelerate product development based on user feedback from this large new user base. For investors in red violet (NASDAQ: RDVT), this showcases the company's ability to innovate and adapt its technology to specific industry needs, which could drive long-term growth and market expansion.
Maryland-based Association contracts to make FOREWARN services available for its 2,000+ real estate professional members to promote proactive agent safety
BOCA RATON, Fla., Sept. 09, 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 Howard County Association of REALTORS® (“HCAR”) will offer FOREWARN® services to its 2,000+ members it serves throughout Columbia, Maryland and the surrounding Howard County 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 offered by HCAR are available to the 2,000+ members at no additional cost to individual agents.
"The safety of our members is a top priority for us," said Piet de Dreu, President of Howard County Association of REALTORS®. "By providing FOREWARN as a core benefit, we reinforce this dedication. FOREWARN simplifies the verification of prospect identities, helping agents to recognize potential risks, counteract fraud, and enhance their overall safety.”
Existing HCAR 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 simplify the verification of prospect identities, helping agents to recognize potential risks, counteract fraud, and enhance their overall safety a. 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 FOREWARN's stock symbol?
How many real estate professionals will have access to FOREWARN through the Howard County Association of REALTORS® partnership?
What key features does FOREWARN offer to real estate agents?
When was the partnership between FOREWARN and Howard County Association of REALTORS® announced?
