STOCK TITAN

FOREWARN Partners with Prescott Area Association of REALTORS®

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

FOREWARN, a leading provider of real-time information solutions, has partnered with the Prescott Area Association of REALTORS® (PAAR) to offer its services to over 2,400 REALTOR® members, enhancing agent safety. The FOREWARN platform allows agents to verify identities and check criminal histories quickly using just a phone number, making it a crucial tool for risk mitigation. This service will be provided at no extra cost to PAAR members, reflecting the association's commitment to member safety. The implementation and subscription activation details will be shared with existing members shortly.

Positive
  • Partnership with PAAR to enhance agent safety for over 2,400 members.
  • FOREWARN services provided at no additional cost to PAAR members.
  • Real-time data solution improves risk verification and safety for agents.
Negative
  • None.

Arizona-based Association contracts to make FOREWARN services available for its 2,400+ REALTOR® members to promote proactive agent safety

BOCA RATON, Fla., Dec. 16, 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 Prescott Area Association of REALTORS® (“PAAR”) has contracted to make FOREWARN® services available for the 2,400+ REALTOR® members it serves throughout the Prescott 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 PAAR are available to the 2,400+ real estate agent membership at no additional cost to individual agents.

“FOREWARN is an important new benefit that we are excited to be providing for our members,” said Suzanne Westrum, CEO of Prescott Area Association of REALTORS®. “FOREWARN can help agents to verify prospect identity as well as potential risks well ahead of an in-person meeting. It’s fast, powerful, and easy to use, and will quickly become an essential part of our members’ safety protocol.”

Existing PAAR 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 critical safety concerns and needs for PAAR members and whether FOREWARN will quickly become an essential part of PAAR members’ safety protocol. 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 recent partnership announced by RDVT?

RDVT partnered with the Prescott Area Association of REALTORS® to provide FOREWARN services to over 2,400 REALTOR® members, promoting agent safety.

How does FOREWARN enhance real estate agent safety?

FOREWARN allows agents to verify identities and check criminal histories using just a phone number, helping to mitigate risks.

Is there a cost for PAAR members to use FOREWARN services?

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

When will PAAR members receive instructions on activating FOREWARN?

Specific instructions for activating FOREWARN subscriptions will be provided to existing PAAR members shortly.

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