FOREWARN Partners with Southwest Multiple Listing Service
FOREWARN, a leading real-time information solutions provider, has entered into a contract with Southwest Multiple Listing Service (SWMLS) to provide its services to over 4,000 REALTOR® members in Central New Mexico. This initiative aims to enhance agent safety by offering tools to verify identities and assess potential risks. The FOREWARN services will be available at no additional cost to members, allowing agents to ensure safer engagements during property showings. The company emphasizes that this collaboration adds significant value to REALTOR® operations.
- Contract with SWMLS enhances agent safety options for 4,000+ members.
- FOREWARN services provided at no additional cost increase accessibility for agents.
- Reliance on FOREWARN's effectiveness for safety remains uncertain.
The largest MLS in the state of New Mexico contracts to make FOREWARN services available for its 4,000+ REALTOR® members to promote proactive agent safety
BOCA RATON, Fla., July 08, 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 Southwest Multiple Listing Service (“SWMLS”), a wholly owned subsidiary of the Greater Albuquerque Association of REALTORS®, has contracted to make FOREWARN® services available for the 4,000+ REALTOR® members it serves throughout Central New Mexico, including Bernalillo, Valencia, Sandoval, Torrance, parts of Socorro, and Santa Fe Counties 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 SWMLS are available to the 4,000+ real estate agent membership at no additional cost to individual agents.
“We are so pleased to be providing this critical benefit to help our members work with increased safety and peace of mind,” said Jeanette Raver, President of Southwest Multiple Listing Service. “FOREWARN helps us present even greater value for our membership by equipping them with such a powerful tool that they all can benefit from. Using FOREWARN, our members can verify the identity and potential risks associated with a prospect in just seconds. It really is incredible.”
Existing SWMLS 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 SWMLS members and whether FOREWARN will help SWMLS members operate with increased safety and peace of mind and by verifying the identity and potential risks associated with a prospect in just seconds. 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 FOREWARN's contract with SWMLS for RDVT?
How does FOREWARN improve agent safety for RDVT investors?
What are the services provided by FOREWARN to SWMLS members?
When was the contract between FOREWARN and SWMLS announced?
Is there any cost for SWMLS members to use FOREWARN services?
