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FOREWARN Partners with Lakeland REALTORS®

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Red Violet (NASDAQ: RDVT) announced that Lakeland REALTORS® has contracted to provide FOREWARN services to over 1,300 REALTOR® members to enhance agent safety. This service, available through a mobile app and online, offers real-time risk assessment tools, such as identity verification and criminal history checks, using only a phone number. The subscription will not incur additional costs for individual agents. CEO Barbara Barnes emphasized the importance of safety, stating members will appreciate the powerful yet user-friendly tool.

Positive
  • Contract with Lakeland REALTORS® to provide FOREWARN services to over 1,300 members, enhancing agent safety.
  • FOREWARN services available at no additional cost to individual agents.
  • Positive reception from Lakeland REALTORS® indicating strong demand for safety tools.
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  • None.

Florida-based Association contracts to make FOREWARN services available for its 1,300+ REALTOR® members to promote proactive agent safety

BOCA RATON, Fla., July 05, 2022 (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 Lakeland REALTORS® (“LR”) has contracted to make FOREWARN® services available for the 1,300+ REALTOR® members it serves throughout Lakeland and the surrounding 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 LR are available to the 1,300+ real estate agent membership at no additional cost to individual agents.

“We are happy to be providing FOREWARN for our members,” said Barbara Barnes, CEO of Lakeland REALTORS®. “Safety has always been a point of emphasis for our association, so we are thrilled to be taking this important step of providing a tool that our agent members can use to work with greater safety and peace of mind. It is very powerful, yet easy to use. Our members are going to love it!”

Existing LR 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 LR members and whether FOREWARN will be a tool that LR members can use to work with greater safety and 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 services does FOREWARN provide to Lakeland REALTORS members?

FOREWARN provides real-time risk assessment tools, including identity verification and criminal history checks, to enhance agent safety.

How many REALTOR members will benefit from FOREWARN services?

Over 1,300 REALTOR members will have access to FOREWARN services.

Is there any cost for individual REALTORS to use FOREWARN?

No, FOREWARN services are provided at no additional cost to individual REALTOR members.

What is the main purpose of using FOREWARN services?

The main purpose is to promote proactive safety measures for real estate agents during property showings.

What company is behind FOREWARN?

FOREWARN is a service offered by Red Violet, Inc. (NASDAQ: RDVT).

Red Violet, Inc.

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