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FOREWARN Partners with Northeast Tennessee Association of REALTORS®

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FOREWARN, a red violet company (NASDAQ: RDVT), has secured a contract with the Northeast Tennessee Association of REALTORS® (NETAR) to provide its safety services to over 1,400 REALTOR® members. This initiative aims to enhance agent safety through real-time data analysis, enabling agents to verify identities, check criminal histories, and validate client information using just a phone number. Members can access these services at no extra cost. This partnership demonstrates a commitment to proactive safety measures for real estate professionals in the region.

Positive
  • Contract secured with NETAR for providing FOREWARN services to over 1,400 REALTOR® members.
  • Services offered at no additional cost to agents, enhancing overall agent safety.
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  • None.

Tennessee-based Association contracts to make FOREWARN services available for its 1,400+ REALTOR® members to promote proactive agent safety

BOCA RATON, Fla., April 05, 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 Northeast Tennessee Association of REALTORS® (“NETAR”) has contracted to make FOREWARN® services available for the 1,400+ REALTOR® members it serves throughout Northeast Tennessee 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 NETAR will be available to the 1,400+ real estate agent membership at no additional cost to individual agents.

“We are thrilled to be proactively addressing safety for our members and the community with FOREWARN,” said Kristi Bailey, President of Northeast Tennessee Association of REALTORS®. “FOREWARN provides an additional layer of safety and intelligence for agents in identifying potential risks well ahead of being in a vulnerable situation. This is an essential benefit that we felt was necessary, and we are happy to be providing it for our members.”

On April 1, 2021, existing NETAR 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 for NETAR members and the community and whether FOREWARN can provide an additional layer of safety and intelligence for NETAR agents in identifying potential risks well ahead of being in a vulnerable situation. 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 NETAR contract for RDVT?

The contract allows RDVT to provide its FOREWARN safety services to over 1,400 REALTOR® members, enhancing agent safety.

When did FOREWARN services become available to NETAR members?

FOREWARN services became available to NETAR members on April 1, 2021.

How does FOREWARN promote agent safety?

FOREWARN promotes agent safety by analyzing data points to verify identities, check criminal histories, and validate client information.

What is the stock symbol for red violet?

The stock symbol for red violet is RDVT.

Is there any cost for NETAR members to access FOREWARN services?

No, NETAR members can access FOREWARN services at no additional cost.

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