FOREWARN Partners with REALTORS® of South Central Kansas
FOREWARN, a red violet company (NASDAQ: RDVT), has partnered with REALTORS® of South Central Kansas (RSCK) to offer its safety services to over 2,500 REALTOR® members. This initiative aims to enhance agent safety by enabling real estate professionals to verify identities, check criminal histories, and validate client information through a mobile app. The service will be provided at no extra cost to members. CEO Sheila Rumsey highlighted the tool's importance in reducing risks for agents, allowing them to conduct showings with greater confidence.
- Partnership with RSCK increases FOREWARN's user base by 2,500+ REALTOR® members.
- Service provided free to members enhances company value proposition and market presence.
- Improved agent safety could lead to increased adoption rates and potential revenue growth.
- Dependence on the effectiveness of FOREWARN in mitigating safety concerns may pose risks.
- Forward-looking statements indicate uncertainty about the performance and impact of the services.
One of the largest local REALTOR® Associations in the state of Kansas contracts to make FOREWARN services available for its 2,500+ REALTOR® members to promote proactive agent safety
BOCA RATON, Fla., March 07, 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 REALTORS® of South Central Kansas (“RSCK”) has contracted to make FOREWARN® services available for the 2,500+ REALTOR® members it serves throughout Wichita 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 RSCK are available to the 2,500+ real estate agent membership at no additional cost to individual agents.
“We are thrilled to announce that we are providing FOREWARN as a critical benefit for our members,” said Sheila Rumsey, CEO of REALTORS® of South Central Kansas. “FOREWARN is a revolutionary tool in proactive agent safety, equipping agents to verify the identity of their prospects and possible associated risks. With FOREWARN, agents can have peace of mind knowing who they are working with from the very start, well before they are in a potentially vulnerable situation.”
On March 1, 2022, existing RSCK members and South Central Kansas MLS 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 RSCK members and whether FOREWARN will equip RSCK agents to verify the identity of their prospects and possible associated risks. 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 contract signed by FOREWARN (NASDAQ: RDVT) about?
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How does FOREWARN enhance agent safety for REALTOR® members?
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