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FOREWARN Partners with Triad Multiple Listing Service

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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 societ脿 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 sar脿 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 identit脿, 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 pi霉 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 informaci贸n en tiempo real a m谩s de 7.000 profesionales inmobiliarios en Carolina del Norte. El servicio se ofrecer谩 sin costo adicional para los agentes individuales, cubriendo a los miembros de Greensboro, High Point, Winston-Salem y sus 谩reas 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 informaci贸n de clientes utilizando solo un n煤mero de tel茅fono. Esta tecnolog铆a permite a los agentes planear las visitas de manera m谩s segura y confiada a trav茅s del acceso en l铆nea y de la aplicaci贸n m贸vil.

FOREWARN電 攵夓潃 氤措澕靸 須岇偓(NASDAQ: RDVT)搿滌劀, Triad Multiple Listing Service鞕 韺岉姼雱堨嫮鞚 毵红柎 雲胳姢 旌愲·霛检澊雮橃潣 7,000氇 鞚挫儊鞚 攵霃欖偘 鞝勲臧霌れ棎瓴 鞁れ嫓臧 鞝曤炒 靻旊(靺橃潉 鞝滉车頃╇媹雼. 鞚 靹滊箘鞀る姅 臧滊硠 鞐愳澊鞝勴姼鞐愱矊 於旉皜 牍勳毄 鞐嗢澊 鞝滉车霅橂┌, 攴鸽Π歃堧矂霟, 頃橃澊韽澑韸, 鞙堨姢韯-靹胳澕霟 氚 欤茧硛 歆鞐潣 須岇洂霌れ潉 韽暔頃╇媹雼.

FOREWARN鞚 頂岆灚韽检潃 靾橃嫮鞏 臧滌潣 雿办澊韯 韽澑韸鸽ゼ 攵勳劃頃橃棳 鞐愳澊鞝勴姼臧 鞁犾洂鞚 頇曥澑頃橁碃 氩旍 鞚措牓鞚 臁绊殞頃橂┌, 鞝勴檾氩堩樃毵岇溂搿 瓿犼皾 鞝曤炒毳 瓴歃濏暊 靾 鞛堧弰搿 霃曥姷雼堧嫟. 鞚 旮办垹鞚 鞐愳澊鞝勴姼臧 鞓澕鞚 氚 氇皵鞚 鞎犿攲毽紑鞚挫厴 鞝戧芳鞚 韱淀暣 雿 鞎堨爠頃橁碃 鞛愳嫚 鞛堦矊 靽检湙鞚 瓿勴殟頃 靾 鞛堦矊 頃╇媹雼.

FOREWARN, une entreprise rouge violet (NASDAQ : RDVT), s'est associ茅e 脿 Triad Multiple Listing Service pour offrir ses solutions d'information en temps r茅el 脿 plus de 7 000 professionnels de l'immobilier en Caroline du Nord. Le service sera propos茅 sans co没t suppl茅mentaire 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 donn茅es pour aider les agents 脿 v茅rifier les identit茅s, rechercher les ant茅c茅dents criminels et valider les informations des clients en utilisant simplement un num茅ro de t茅l茅phone. Cette technologie permet aux agents de planifier les visites de mani猫re plus s没re et plus confiante gr芒ce 脿 un acc猫s en ligne et 脿 une application mobile.

FOREWARN, ein rot-violetter Unternehmens (NASDAQ: RDVT), hat sich mit Triad Multiple Listing Service zusammengeschlossen, um seine Echtzeit-Informationsl枚sungen 眉ber 7.000 Immobilienprofis in North Carolina anzubieten. Der Service wird den einzelnen Agenten ohne zus盲tzliche 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 脺berpr眉fung von Identit盲ten, der Suche nach kriminalhistorischen Daten und der Validierung von Kundeninformationen nur mithilfe einer Telefonnummer zu unterst眉tzen. Diese Technologie erm枚glicht es Agenten, Besichtigungen sicherer und selbstbewusster zu planen, sowohl 眉ber den Online-Zugang als auch 眉ber mobile Anwendungen.

Positive
  • 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
Negative
  • 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 (鈥淭riad MLS鈥) 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 .

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鈩.

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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鈩, 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聽.

FORWARD-LOOKING STATEMENTS

This press release contains 鈥渇orward-looking statements,鈥 as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as 鈥渆xpects,鈥 鈥減lans,鈥 鈥減rojects,鈥 鈥渨ill,鈥 鈥渕ay,鈥 鈥渁nticipate,鈥 鈥渂elieves,鈥 鈥渟hould,鈥 鈥渋ntends,鈥 鈥渆stimates,鈥 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 鈥淔orward-Looking Statements鈥 and 鈥淩isk Factors鈥 in red violet鈥檚 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?

FOREWARN (RDVT) has partnered with Triad Multiple Listing Service to provide its real-time information solutions to over 7,000 real estate professional members in North Carolina, offering identity verification and safety services at no additional cost to individual agents.

How many real estate professionals will have access to FOREWARN (RDVT) through the Triad MLS partnership?

Over 7,000 real estate professional members from Greensboro, High Point, Winston-Salem, and surrounding areas will have access to FOREWARN's services through the Triad MLS partnership.

What features does FOREWARN (RDVT) offer to Triad MLS members?

FOREWARN offers identity verification, criminal history searches, and client information validation using just a phone number, available through both online and mobile applications to help agents plan showings safely.

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