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FOREWARN Partners with Knoxville Area Association of REALTORS®

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Red Violet (NASDAQ: RDVT) announced a partnership with the Knoxville Area Association of REALTORS® (KAAR) to provide FOREWARN services for over 4,400 REALTOR® members across multiple counties in Tennessee. This initiative focuses on enhancing agent safety through real-time data solutions, enabling agents to verify identities and check criminal histories using just a phone number. Members will have access to these services at no extra cost. This collaboration aims to mitigate risks and ensure safer interactions in real estate transactions.

Positive
  • Partnership with KAAR to enhance safety for 4,400 REALTOR® members.
  • FOREWARN services available at no additional cost to agents.
  • Real-time data solutions improve identification and risk assessment.
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  • None.

The 2nd largest local REALTOR® Association in the state of Tennessee contracts to make FOREWARN services available for its 4,400+ REALTOR® members to promote proactive agent safety

BOCA RATON, Fla., June 08, 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 Knoxville Area Association of REALTORS® (“KAAR”) has contracted to make FOREWARN® services available for the 4,400+ REALTOR® members it serves throughout Anderson, Blount, Campbell, Cumberland, Fentress, Knox, Loudon, Monroe, Morgan, Roane, Scott, and Union Counties 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 KAAR will be available to the 4,400+ real estate agent membership at no additional cost to individual agents.

“FOREWARN is an incredibly powerful benefit that we are pleased to be providing for our members,” said Lyle Irish, CEO of Knoxville Area Association of REALTORS®. “The safety of our members is a constant concern and priority. By having FOREWARN at their fingertips, members will have the ability to quickly verify the identity of their prospects, and potential risks, well ahead of any vulnerable interactions with them.”

On June 3, 2021, existing KAAR members received 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 KAAR members and whether FOREWARN will be able to quickly verify the identity of KAAR members’ prospects and any potential risks, well ahead of any potential vulnerable interactions. 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 services does FOREWARN provide for REALTOR® members?

FOREWARN provides real-time data solutions that allow agents to verify identities, check criminal histories, and validate potential client information using just a phone number.

How many REALTOR® members will benefit from the FOREWARN services?

Over 4,400 REALTOR® members of the Knoxville Area Association of REALTORS® will have access to FOREWARN services.

When did KAAR members receive instructions to activate their FOREWARN subscription?

KAAR members received specific instructions on activating their FOREWARN subscription on June 3, 2021.

What is the main goal of the partnership between Red Violet and KAAR?

The main goal is to enhance agent safety by providing tools for risk assessment and identity verification.

Is there any cost associated with using FOREWARN for KAAR members?

No, the FOREWARN services are available to KAAR members at no additional cost.

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