FOREWARN Partners with Vermont Association of REALTORS®
FOREWARN, a red violet company (NASDAQ: RDVT), has partnered with the Vermont Association of REALTORS® (VAR) to provide its safety services to over 1,800 real estate professionals in Vermont. The service, accessible online and via a mobile app, analyzes data to verify identities, check criminal histories, and validate client information using only a phone number. This initiative aims to enhance agent safety and mitigate fraud risks. VAR members can access FOREWARN services at no additional cost. Instructions for activation will be provided to existing members.
- FOREWARN partners with Vermont Association of REALTORS® to enhance agent safety.
- Service available to 1,800+ real estate professionals in Vermont.
- FOREWARN service is free for VAR members.
- Real-time data analysis for identity verification, criminal history checks, and client information validation.
- Service can be accessed online and via a mobile app.
- No immediate financial metrics or projections provided in the PR.
- Dependency on partnership success for future growth.
- Potential for data security concerns given the nature of the service.
Vermont Association of REALTORS® makes FOREWARN services available for its 1,800+ real estate professional members to promote proactive agent safety
BOCA RATON, Fla., June 03, 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 Vermont Association of REALTORS® (“VAR”) will offer FOREWARN® services to its 1,800+ members it serves throughout the State of Vermont 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 VAR are available to the 1,800+ members at no additional cost to individual agents.
"Protecting our members' safety is paramount, which is why we're delighted to offer FOREWARN," stated Kathy Sweeten, CEO of Vermont Association of REALTORS®. "By helping agents quickly verify prospect identity, FOREWARN equips our members to mitigate potential fraud and operate with greater safety and peace of mind."
Existing VAR 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 address critical safety concerns and needs for VAR members and whether FOREWARN will serve as a tool for VAR members to help them quickly verify prospect identity and mitigate potential fraud. 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 partnership between FOREWARN and Vermont Association of REALTORS® about?
How do FOREWARN services enhance agent safety?
Are there any costs for VAR members to use FOREWARN services?
How can VAR members access FOREWARN services?
What data does FOREWARN analyze to provide its services?
