FOREWARN Partners with Upstate Alliance of REALTORS®
FOREWARN, a red violet company (NASDAQ: RDVT), has partnered with the Upstate Alliance of REALTORS® (UPSTAR) to enhance agent safety for its 1,600+ members in Fort Wayne and Allen County. The FOREWARN services provide real-time risk mitigation tools, including identity verification and criminal history checks, accessible online and via mobile app, all at no extra cost to agents. This initiative aims to address safety concerns in the real estate industry by ensuring agents can confidently verify potential clients. Members received activation instructions on January 5, 2022.
- Partnership with UPSTAR increases user base to 1,600+ REALTORS®.
- FOREWARN services enhance agent safety by providing identity verification and risk assessment tools at no additional cost.
- The effectiveness of FOREWARN in actually addressing safety concerns remains uncertain.
- Potential dependency on one partnership could limit growth opportunities.
The 3rd largest local REALTOR® Association in the state of Indiana contracts to make FOREWARN services available for its 1,600+ REALTOR® members to promote proactive agent safety
BOCA RATON, Fla., Jan. 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 Upstate Alliance of REALTORS® (“UPSTAR”) has contracted to make FOREWARN® services available for the 1,600+ REALTOR® members it serves throughout Fort Wayne and Allen County 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 UPSTAR are available to the 1,600+ real estate agent membership at no additional cost to individual agents.
“This is an important step towards helping our members operate with greater safety and peace of mind,” said David Belew, Executive Officer of Upstate Alliance of REALTORS®. “FOREWARN addresses a critical blind spot in the real estate industry by helping agents to quickly verify that their prospects are indeed who they say they are, as well as identifying other potential risks. We are pleased to be announcing this important partnership for the benefit of all of our members.”
On January 5, 2022, existing UPSTAR 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 UPSTAR members and whether FOREWARN addresses a critical blind spot in the real estate industry by helping agents to quickly verify that their prospects are indeed who they say they are, as well as identifying other potential 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 significance of FOREWARN's partnership with UPSTAR for RDVT?
How does FOREWARN improve real estate agent safety?
When did UPSTAR members receive instructions for activating FOREWARN services?
What are the benefits of using FOREWARN services?
