FOREWARN Partners with Triad Multiple Listing Service
FOREWARN, a red violet company (NASDAQ: RDVT), has partnered with Triad Multiple Listing Service to provide its real-time information solutions to over 7,000 real estate professionals in North Carolina. The service will be offered at no additional cost to individual agents, covering members from Greensboro, High Point, Winston-Salem, and surrounding areas.
FOREWARN's platform analyzes billions of data points to help agents verify identities, search criminal histories, and validate client information using just a phone number. This technology enables agents to plan showings more safely and confidently through both online and mobile application access.
FOREWARN, una società di colore rosso viola (NASDAQ: RDVT), ha stretto una partnership con Triad Multiple Listing Service per offrire le sue soluzioni di informazione in tempo reale a oltre 7.000 professionisti immobiliari nella Carolina del Nord. Il servizio sarà offerto senza alcun costo aggiuntivo per i singoli agenti, coprendo i membri di Greensboro, High Point, Winston-Salem e delle aree circostanti.
La piattaforma di FOREWARN analizza miliardi di punti dati per aiutare gli agenti a verificare le identità, cercare storie criminali e convalidare le informazioni sui clienti utilizzando semplicemente un numero di telefono. Questa tecnologia consente agli agenti di pianificare le visite in modo più sicuro e con maggiore fiducia, grazie all'accesso sia online che tramite app mobile.
FOREWARN, una empresa de color violeta rojo (NASDAQ: RDVT), se ha asociado con Triad Multiple Listing Service para proporcionar sus soluciones de información en tiempo real a más de 7.000 profesionales inmobiliarios en Carolina del Norte. El servicio se ofrecerá sin costo adicional para los agentes individuales, cubriendo a los miembros de Greensboro, High Point, Winston-Salem y sus áreas circundantes.
La plataforma de FOREWARN analiza miles de millones de puntos de datos para ayudar a los agentes a verificar identidades, buscar antecedentes criminales y validar información de clientes utilizando solo un número de teléfono. Esta tecnología permite a los agentes planear las visitas de manera más segura y confiada a través del acceso en línea y de la aplicación móvil.
FOREWARN는 붉은 보라색 회사(NASDAQ: RDVT)로서, Triad Multiple Listing Service와 파트너십을 맺어 노스 캐롤라이나의 7,000명 이상의 부동산 전문가들에게 실시간 정보 솔루션을 제공합니다. 이 서비스는 개별 에이전트에게 추가 비용 없이 제공되며, 그린즈버러, 하이포인트, 윈스턴-세일럼 및 주변 지역의 회원들을 포함합니다.
FOREWARN의 플랫폼은 수십억 개의 데이터 포인트를 분석하여 에이전트가 신원을 확인하고 범죄 이력을 조회하며, 전화번호만으로 고객 정보를 검증할 수 있도록 돕습니다. 이 기술은 에이전트가 온라인 및 모바일 애플리케이션 접근을 통해 더 안전하고 자신 있게 쇼윙을 계획할 수 있게 합니다.
FOREWARN, une entreprise rouge violet (NASDAQ : RDVT), s'est associée à Triad Multiple Listing Service pour offrir ses solutions d'information en temps réel à plus de 7 000 professionnels de l'immobilier en Caroline du Nord. Le service sera proposé sans coût supplémentaire pour les agents individuels, couvrant les membres de Greensboro, High Point, Winston-Salem et des zones environnantes.
La plateforme de FOREWARN analyse des milliards de points de données pour aider les agents à vérifier les identités, rechercher les antécédents criminels et valider les informations des clients en utilisant simplement un numéro de téléphone. Cette technologie permet aux agents de planifier les visites de manière plus sûre et plus confiante grâce à un accès en ligne et à une application mobile.
FOREWARN, ein rot-violetter Unternehmens (NASDAQ: RDVT), hat sich mit Triad Multiple Listing Service zusammengeschlossen, um seine Echtzeit-Informationslösungen über 7.000 Immobilienprofis in North Carolina anzubieten. Der Service wird den einzelnen Agenten ohne zusätzliche Kosten angeboten und umfasst Mitglieder aus Greensboro, High Point, Winston-Salem und den umliegenden Gebieten.
Die Plattform von FOREWARN analysiert Milliarden von Datenpunkten, um Agenten bei der Überprüfung von Identitäten, der Suche nach kriminalhistorischen Daten und der Validierung von Kundeninformationen nur mithilfe einer Telefonnummer zu unterstützen. Diese Technologie ermöglicht es Agenten, Besichtigungen sicherer und selbstbewusster zu planen, sowohl über den Online-Zugang als auch über mobile Anwendungen.
- Partnership secures 7,000+ new users for FOREWARN's services
- Service will be provided at no additional cost to individual agents, potentially driving high adoption rates
- None.
Insights
This partnership with Triad MLS represents a significant business expansion for FOREWARN, adding 7,000+ new users to their platform. The deal strengthens RDVT's market position in the real estate safety solutions sector and provides a steady revenue stream through the MLS contract. North Carolina's real estate market, particularly in the Triad region (Greensboro, High Point, Winston-Salem), is substantial, making this a valuable territory expansion.
The integration as a no-cost member benefit increases the likelihood of high adoption rates among agents. While specific contract values aren't disclosed, MLS partnerships typically involve significant recurring revenue based on member count. This deal follows FOREWARN's successful business model of partnering with MLSs to achieve scalable growth and recurring revenue streams.
North Carolina-based MLS contracts to make FOREWARN services available for its 7,000+ real estate professional members to promote proactive agent safety
BOCA RATON, Fla., Nov. 04, 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 Triad Multiple Listing Service (“Triad MLS”) will offer FOREWARN® services to the 7,000+ members they serve which include the Greensboro Regional REALTORS® Association, High Point Regional Association of REALTORS®, Winston-Salem Regional Association of REALTORS® and the surrounding areas 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 Triad MLS are available to the 7,000+ members at no additional cost to individual agents.
"At Triad MLS, we prioritize the safety and welfare of our members," stated Richard Renton Jr., CEO. "The integration of FOREWARN as a key benefit underscores our dedication. This tool streamlines the process of verifying prospects, aiding members in spotting fraud, reducing risks, and improving their personal safety."
Existing Triad MLS 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 streamline the process for Triad MLS members of verifying prospects, aiding members in spotting fraud, reducing risks, and improving their personal safety. 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 new partnership between FOREWARN (RDVT) and Triad MLS?
How many real estate professionals will have access to FOREWARN (RDVT) through the Triad MLS partnership?
What features does FOREWARN (RDVT) offer to Triad MLS members?
