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FOREWARN Partners with Southern Indiana REALTORS® Association

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FOREWARN, LLC, a leading provider of real-time information solutions, has partnered with the Southern Indiana REALTORS® Association (SIRA) to offer its services to over 700 REALTOR® members at no extra cost. The service aims to enhance agent safety by enabling users to verify identities and check criminal histories through a mobile application or online platform. This proactive approach to safety will empower agents with essential risk verification tools, fostering a secure environment for real estate transactions.

Positive
  • SIRA has contracted FOREWARN services for over 700 REALTOR® members, enhancing agent safety.
  • The FOREWARN services are provided at no additional cost to agents, promoting widespread adoption.
Negative
  • None.

Indiana-based Association contracts to make FOREWARN services available for its 700+ primary REALTOR® members to promote proactive agent safety

BOCA RATON, Fla., Oct. 15, 2020 (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 Southern Indiana REALTORS® Association (“SIRA”) has contracted to make FOREWARN® services available for the 700+ primary REALTOR® members it serves in Clark, Crawford, Floyd, Harrison, Orange, Scott, and Washington counties as well as several Kentucky counties in the Louisville area in an effort 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 SIRA will be available to the 700+ primary real estate agents at no additional cost to individual agents.

“We are thrilled to be providing our members with a proactive safety and verification tool in FOREWARN,” said Glenda Gasparine, CEO of Southern Indiana REALTORS® Association. “We are constantly reminded of how vulnerable real estate agents can be in their daily work. There are many important steps in an effective safety protocol, but it all should begin with due diligence well before you meet with a prospect. FOREWARN will help our members accomplish this by empowering them with unobtrusive identity and risk verification, in the palm of their hands.”

On October 14, 2020, existing primary SIRA 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 believe that time is your most valuable asset. Through powerful analytics, we transform data into intelligence, in a fast and efficient manner, so that our clients can spend their time on what matters most - running their organizations with confidence. Through leading-edge, proprietary technology and a massive data repository, our analytics and information solutions harness the power of data fusion, uncovering the relevance of disparate data points and converting them into comprehensive and insightful views of people, businesses, assets and their interrelationships. We empower clients across markets and industries to better execute all aspects of their business, from managing risk, recovering debt, identifying fraud and abuse, and ensuring legislative compliance, to identifying and acquiring customers. At red violet, we are dedicated to making the world a safer place and reducing the cost of doing business. 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 real estate agent safety and whether FOREWARN will serve as a proactive safety and verification tool to provide SIRA primary members with unobtrusive identity and risk verification in the palm of their hands. 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 purpose of the FOREWARN services contracted by SIRA?

The purpose is to enhance real estate agent safety by enabling identity verification and criminal history checks.

How many REALTOR® members will benefit from the FOREWARN services?

Over 700 primary REALTOR® members from SIRA will benefit from the FOREWARN services.

Is there any cost for agents to use FOREWARN services through SIRA?

No, the FOREWARN services will be available to SIRA members at no additional cost.

When did SIRA members receive instructions for activating their FOREWARN subscription?

SIRA members received activation instructions on October 14, 2020.

What kind of data does FOREWARN analyze to ensure agent safety?

FOREWARN analyzes billions of data points for identity verification and to search criminal histories.

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