STOCK TITAN

FOREWARN Partners with Nebraska REALTORS® Association

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Red Violet (NASDAQ: RDVT) announced a partnership with the Nebraska REALTORS® Association to provide FOREWARN services to over 5,300 REALTOR® members. FOREWARN delivers real-time data solutions aimed at enhancing agent safety by enabling identity verification and criminal history checks via a phone number. The service will be offered at no cost to individual agents, empowering them to mitigate risks during property showings. NRA members will receive activation instructions on July 15, 2021. This initiative highlights FOREWARN's commitment to promoting proactive safety in real estate transactions.

Positive
  • Partnership with Nebraska REALTORS® Association to provide FOREWARN services enhances agent safety.
  • FOREWARN services will be available at no additional cost to over 5,300 real estate agents.
Negative
  • Forward-looking statements include uncertainties about the effectiveness of FOREWARN in addressing safety concerns.

Nebraska REALTORS® Association makes FOREWARN services available to its statewide membership

BOCA RATON, Fla., July 09, 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 Nebraska REALTORS® Association (“NRA”) has contracted to make FOREWARN® services available for the 5,300+ REALTOR® members it serves throughout the state of Nebraska 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 NRA will be available to the 5,300+ real estate agent membership at no additional cost to individual agents.

“We are thrilled to be providing FOREWARN for our members,” said Tammy Brookhouser, CEO of Nebraska REALTORS® Association. “We felt that it was important for every member to have the ability to quickly and safely verify their prospects. FOREWARN will empower our agents to proactively identify potential risks and operate their businesses with increased safety and peace of mind.”

On July 15, 2021, existing NRA 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 NRA members and whether FOREWARN will empower NRA’s agents to proactively identify potential risks and operate their businesses with increased 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 is the significance of the partnership between Nebraska REALTORS® Association and Red Violet (RDVT)?

The partnership allows over 5,300 REALTORS® in Nebraska to access FOREWARN services, which enhance agent safety through real-time data solutions.

How will REALTORS® benefit from FOREWARN services?

REALTORS® can verify client identities and check criminal histories, promoting safer real estate transactions.

When will NRA members receive instructions for activating FOREWARN services?

NRA members will receive activation instructions on July 15, 2021.

Is there any cost for REALTORS® to access FOREWARN services?

No, the FOREWARN services will be available at no additional cost to individual REALTORS®.

What data does FOREWARN analyze to promote agent safety?

FOREWARN analyzes billions of data points to mitigate risks by verifying identities and providing criminal history checks.

Red Violet, Inc.

NASDAQ:RDVT

RDVT Rankings

RDVT Latest News

RDVT Stock Data

513.60M
10.71M
22.37%
60.32%
4.93%
Software - Application
Services-prepackaged Software
Link
United States of America
BOCA RATON