FOREWARN Partners with Park City Multiple Listing Service
FOREWARN, a red violet company (NASDAQ: RDVT), has announced a partnership with Park City Multiple Listing Service (PCMLS) to provide its real-time information solutions to over 1,700 real estate professionals in the Park City area.
FOREWARN's services, available online and via a mobile app, enable agents to verify identities and check criminal histories using just a phone number, enhancing their safety during showings. The service is now offered at no additional cost to PCMLS members.
Jamie Johnson, CEO of PCMLS, emphasized the importance of agent safety and expressed enthusiasm about the partnership, highlighting it as a critical step in providing an extra layer of protection for their members.
Current PCMLS members will receive instructions on activating their FOREWARN subscription, while other real estate professionals can learn more about the service on FOREWARN's website.
- Partnership extends FOREWARN services to over 1,700 real estate professionals in Park City.
- FOREWARN services help verify identities and check criminal histories, enhancing agent safety.
- Services are offered at no additional cost to PCMLS members, adding value to their membership.
- The PR does not provide specific financial data on the partnership's impact on RDVT's revenue.
- There is no information on the long-term sustainability or potential scalability of the service beyond the initial 1,700 members.
Utah-based MLS contracts to make FOREWARN services available for its 1,700+ real estate professional members to promote proactive agent safety
BOCA RATON, Fla., May 30, 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 Park City Multiple Listing Service (“PCMLS”) will offer FOREWARN® services to its 1,700+ members it serves throughout the Park City 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 PCMLS are available to the 1,700+ members at no additional cost to individual agents.
“We are thrilled to be providing FOREWARN for all our MLS members,” said Jamie Johnson, CEO of Park City Multiple Listing Service. “While this is a wonderful industry to work in, the reality is that real estate agents are regularly faced with unknown risks. With member safety being one of our top priorities, we felt it was critical to help provide an added layer of protection by offering FOREWARN.”
Existing PCMLS 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 address critical safety concerns and needs for PCMLS members and whether FOREWARN will provide an added layer of safety protection for PCMLS members. 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
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