The 9th largest local REALTOR® Association in the country contracts to make FOREWARN services available for its 15,500+ REALTOR® members to promote proactive agent safety
BOCA RATON, Fla., June 16, 2020 (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 the Chicago Association of REALTORS® (“CAR”) has contracted to make FOREWARN® services available for the 15,500+ REALTOR® members it serves in an effort 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 such as financial and asset information — 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 CAR will be available to CAR’s entire 15,500+ membership at no additional cost to members.
“It is my great pleasure to announce this partnership with FOREWARN to provide an added layer of proactive safety and intelligence for all our members,” said Maurice Hampton, 2020 President of the Chicago Association of REALTORS®. “We are thrilled to be contributing to the safety and well-being of agents while providing tremendous value with this powerful member benefit. FOREWARN will help members instantly verify who they are working with, leading to safer and smarter interactions.”
On June 16, 2020, existing CAR members will receive 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.
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, such as financial and asset information. Risk assessment and due diligence at your fingertips™.
RELATED LINKS: www.forewarn.com
About red violet®
At red violet, we believe that time is your most valuable asset. Through powerful analytics, we transform data into intelligence, in a fast and efficient manner, so that our clients can spend their time on what matters most – running their organizations with confidence. Through leading-edge, proprietary technology and a massive data repository, our analytics and information solutions harness the power of data fusion, uncovering the relevance of disparate data points and converting them into comprehensive and insightful views of people, businesses, assets and their interrelationships. We empower clients across markets and industries to better execute all aspects of their business, from managing risk, recovering debt, identifying fraud and abuse, and ensuring legislative compliance, to identifying and acquiring customers. At red violet, we are dedicated to making the world a safer place and reducing the cost of doing business. For more information, please visit www.redviolet.com.
About Chicago Association of REALTORS®
The Chicago Association of REALTORS® (CAR), the “Voice for Real Estate” in Chicago since 1883, represents over 15,500 members from all real estate specialties, including commercial sales, development, property management, appraisal, auctions and residential sales, and unites all facets of the industry as a leading advocate for real estate, driving REALTOR® business success and economic development of our communities. Through CAR’s efforts, Chicago REALTORS® have expanded market opportunities, and businesses, both large and small, are thriving and are committed to the revitalization of Chicagoland communities as healthy, vibrant and diverse places to live, work and play.
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 real estate agent safety and whether FOREWARN will help the CAR members instantly verify who they are working with, leading to safer and smarter interactions. 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.
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