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FOREWARN to Provide Identity Verification Services to Little Rock REALTORS® Association to Promote Agent Safety

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FOREWARN, a red violet company (NASDAQ: RDVT), has partnered with the Little Rock REALTORS® Association (LRRA) to provide identity verification services to its 1,400+ real estate professional members. FOREWARN's platform will be offered at no additional cost to individual agents, analyzing billions of data points to verify identities, search criminal histories, and validate potential client information using just phone numbers.

The implementation aims to enhance agent safety in the Little Rock metropolitan area, allowing professionals to plan showings with greater confidence. The partnership holds particular significance as the community remembers Beverly Carter, whose tragic loss emphasizes the importance of agent safety measures. The platform provides real-time information solutions through both online and mobile applications, enabling agents to conduct business with improved security protocols.

FOREWARN, un'azienda di rosso viola (NASDAQ: RDVT), ha stretto una partnership con la Little Rock REALTORS® Association (LRRA) per fornire servizi di verifica dell'identità ai suoi oltre 1.400 membri professionisti del settore immobiliare. La piattaforma di FOREWARN sarà offerta senza costi aggiuntivi per i singoli agenti, analizzando miliardi di punti dati per verificare le identità, cercare storie criminali e convalidare le informazioni sui potenziali clienti utilizzando solo numeri di telefono.

L'implementazione mira a migliorare la sicurezza degli agenti nell'area metropolitana di Little Rock, consentendo ai professionisti di pianificare le visite con maggiore fiducia. La partnership ha un significato particolare mentre la comunità ricorda Beverly Carter, la cui tragica perdita sottolinea l'importanza delle misure di sicurezza per gli agenti. La piattaforma fornisce soluzioni informative in tempo reale sia attraverso applicazioni online che mobili, consentendo agli agenti di condurre affari con protocolli di sicurezza migliorati.

FOREWARN, una empresa de color rojo violeta (NASDAQ: RDVT), se ha asociado con la Little Rock REALTORS® Association (LRRA) para proporcionar servicios de verificación de identidad a sus más de 1,400 miembros profesionales del sector inmobiliario. La plataforma de FOREWARN se ofrecerá sin costo adicional para los agentes individuales, analizando miles de millones de puntos de datos para verificar identidades, buscar antecedentes criminales y validar la información de posibles clientes utilizando solo números de teléfono.

La implementación tiene como objetivo mejorar la seguridad de los agentes en el área metropolitana de Little Rock, permitiendo a los profesionales planificar las visitas con mayor confianza. La asociación tiene un significado particular mientras la comunidad recuerda a Beverly Carter, cuya trágica pérdida enfatiza la importancia de las medidas de seguridad para los agentes. La plataforma proporciona soluciones de información en tiempo real a través de aplicaciones en línea y móviles, permitiendo a los agentes realizar negocios con protocolos de seguridad mejorados.

FOREWARN, 레드 바이올렛 회사(NASDAQ: RDVT)는 리틀 록 REALTORS® 협회(LRRA)와 파트너십을 체결하여 1,400명 이상의 부동산 전문 회원들에게 신원 확인 서비스를 제공합니다. FOREWARN의 플랫폼은 개별 에이전트에게 추가 비용 없이 제공되며, 수십억 개의 데이터 포인트를 분석하여 신원을 확인하고, 범죄 이력을 검색하며, 전화번호만으로 잠재 고객 정보를 검증합니다.

이 구현은 리틀 록 대도시 지역에서 에이전트의 안전을 강화하는 것을 목표로 하며, 전문가들이 더 큰 자신감을 가지고 쇼잉을 계획할 수 있도록 합니다. 이 파트너십은 커뮤니티가 Beverly Carter를 기억하는 가운데 특히 중요하며, 그녀의 비극적인 상실은 에이전트 안전 조치의 중요성을 강조합니다. 이 플랫폼은 온라인 및 모바일 애플리케이션을 통해 실시간 정보 솔루션을 제공하여 에이전트들이 향상된 보안 프로토콜로 비즈니스를 수행할 수 있도록 합니다.

FOREWARN, une entreprise de violet rouge (NASDAQ: RDVT), a établi un partenariat avec la Little Rock REALTORS® Association (LRRA) pour fournir des services de vérification d'identité à ses plus de 1 400 membres professionnels de l'immobilier. La plateforme de FOREWARN sera proposée sans frais supplémentaires pour les agents individuels, analysant des milliards de points de données pour vérifier les identités, rechercher des antécédents criminels et valider les informations des clients potentiels en utilisant uniquement des numéros de téléphone.

La mise en œuvre vise à améliorer la sécurité des agents dans la région métropolitaine de Little Rock, permettant aux professionnels de planifier des visites avec une plus grande confiance. Ce partenariat revêt une importance particulière alors que la communauté se souvient de Beverly Carter, dont la perte tragique souligne l'importance des mesures de sécurité pour les agents. La plateforme fournit des solutions d'information en temps réel via des applications en ligne et mobiles, permettant aux agents de mener leurs affaires avec des protocoles de sécurité améliorés.

FOREWARN, ein roviolettes Unternehmen (NASDAQ: RDVT), hat eine Partnerschaft mit der Little Rock REALTORS® Association (LRRA) geschlossen, um Identitätsüberprüfungsdienste für seine über 1.400 Mitglieder im Immobilienbereich anzubieten. Die Plattform von FOREWARN wird den einzelnen Agenten ohne zusätzliche Kosten angeboten und analysiert Milliarden von Datenpunkten, um Identitäten zu überprüfen, kriminelle Verläufe zu durchsuchen und potenzielle Kundeninformationen nur anhand von Telefonnummern zu validieren.

Die Umsetzung zielt darauf ab, die Sicherheit der Agenten im Ballungsraum Little Rock zu verbessern, sodass Fachleute Besichtigungen mit größerem Vertrauen planen können. Die Partnerschaft hat eine besondere Bedeutung, da die Gemeinschaft Beverly Carter gedenkt, deren tragischer Verlust die Bedeutung von Sicherheitsmaßnahmen für Agenten unterstreicht. Die Plattform bietet Echtzeit-Informationslösungen sowohl über Online- als auch mobile Anwendungen, sodass Agenten ihre Geschäfte mit verbesserten Sicherheitsprotokollen abwickeln können.

Positive
  • Strategic partnership with Arkansas' 2nd largest REALTOR® Association expands market presence
  • Addition of 1,400+ new users strengthens customer base
  • Zero-cost offering to members increases likelihood of widespread adoption
Negative
  • Revenue impact not disclosed
  • Specific contract terms and duration not revealed

Insights

This deal with the Little Rock REALTORS® Association represents a positive business development for red violet's FOREWARN service, securing 1,400+ new users through an association-level contract. While financial terms aren't disclosed, this type of B2B arrangement—where the association pays rather than individual agents—typically offers better unit economics and more stable revenue than direct-to-agent sales.

The strategic value extends beyond immediate revenue. By partnering with Arkansas' second-largest REALTOR® association, RDVT strengthens FOREWARN's market position in the real estate safety technology segment. The endorsement from Carl Carter, whose mother's tragic story is well-known in real estate circles, adds significant credibility that may accelerate adoption with other associations.

This contract follows RDVT's pattern of targeting professional organizations rather than individual users, which typically results in lower customer acquisition costs and higher retention rates. The absence of revenue projections or contract length prevents precise financial impact assessment, but the business development itself reflects continued execution of RDVT's go-to-market strategy.

This partnership reveals FOREWARN's effective land-and-expand strategy in the real estate safety market. Securing the Little Rock REALTORS® Association—the second-largest in Arkansas with 1,400+ members—demonstrates continued market penetration through high-leverage association relationships rather than resource-intensive direct sales to individual agents.

The endorsement from Carl Carter creates powerful emotional resonance and credibility. His personal connection to agent safety (following his mother Beverly Carter's tragedy) transforms this from a typical vendor announcement into a meaningful safety initiative. This third-party validation from a recognized safety advocate significantly enhances FOREWARN's positioning for future association deals.

The partnership structure—where the association absorbs costs rather than individual agents—removes adoption barriers and should drive high utilization rates among members. This deployment model scales efficiently and creates defensibility through institutional integration. While impossible to quantify the exact revenue impact without financial disclosures, this contract represents both immediate business growth and a referenceable customer that strengthens FOREWARN's value proposition to other REALTOR® associations nationwide.

The 2nd largest local REALTOR® Association in the state of Arkansas contracts to make FOREWARN services available for its 1,400+ real estate professional members to promote proactive agent safety

BOCA RATON, Fla., April 04, 2025 (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 Little Rock REALTORS® Association (“LRRA”) will offer FOREWARN® services to its 1,400+ members it serves throughout the Little Rock metropolitan area 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 LRRA are available to the 1,400+ members at no additional cost to individual agents.

“It’s exciting that my home Association has made this investment into the safety of our members,” stated Carl Carter, a Little Rock REALTORS® Association member. “As a community still shaken by the tragic loss of my mom, Beverly Carter, providing access to FOREWARN further empowers agents to conduct their business in the safest way possible. I’ve been a FOREWARN user for several years now and have seen firsthand its transformative impact on how agents conduct their business and reinforcing the importance of consistent, informed workflows. As I’ve traveled the country speaking on agent safety, I’ve heard many stories from agents expressing gratitude for FOREWARN providing information they believe helped keep them safe. I’m so thankful the Little Rock REALTOR Association has brought this amazing resource to our agent family.”

Stacy Hamilton, CEO of Little Rock REALTORS® Association, added "Our top priority is ensuring the safety and success of our members by providing them with the most effective tools available. With the ever-present risks in the industry, providing FOREWARN was a clear choice. Having instant access to advanced identity verification empowers our members to make informed decisions, enhancing both their security and confidence in every interaction."

Existing LRRA 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 and security areas for Little Rock REALTORS® Association members and whether FOREWARN will give Little Rock REALTORS® Association members to make informed decisions, enhancing both their security and confidence in every interaction. 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 security features does FOREWARN (RDVT) offer to Little Rock real estate agents?

FOREWARN offers identity verification, criminal history checks, and information validation of potential clients using just a phone number, through online and mobile platforms.

How many LRRA members will benefit from the FOREWARN (RDVT) partnership?

Over 1,400 real estate professional members of the Little Rock REALTORS® Association will receive access to FOREWARN services.

What is the cost of FOREWARN services for Little Rock REALTORS® Association members?

FOREWARN services are provided at no additional cost to individual LRRA members.

How does FOREWARN (RDVT) help improve real estate agent safety in Little Rock?

FOREWARN analyzes billions of data points to help agents verify client identities and criminal histories before meetings, enabling safer and more informed business interactions.
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