Press Release Details

The 6^th largest local REALTOR® association in the United States purchases FOREWARN for 17,000+ REALTOR® members to promote proactive REALTOR® safety

BOCA RATON, Fla.--(BUSINESS WIRE)--May 15, 2019-- 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 Mainstreet Organization of REALTORS® (“MORe”), the largest local REALTOR® association in Illinois and the 6^th largest in the country, has entered a multi-year agreement to make FOREWARN® services available for the 17,000+ REALTOR® members it serves in DuPage, Lake and western and southern suburban Cook Counties in an effort to promote proactive REALTOR® 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 REALTORS® to properly and safely plan for showings with a higher level of confidence.

“We are thrilled to announce our partnership with FOREWARN,” said John Gormley, CEO of the Mainstreet Organization of REALTORS®. “Safety should be a top priority for every REALTOR® and verifying who you are working with is a critical first step toward safer interactions.”

Mike Gobber, President of the Mainstreet Organization of REALTORS® Board of Directors, went on to say, “We felt it was important to provide our members with a proactive tool like FOREWARN to help them stay safe and be productive. REALTORS® meet with potential clients every day, and FOREWARN will allow our members to get instant reports about the individuals they meet with.”

“Safety should be of the utmost importance to all REALTORS®, and this will be one more tool Mainstreet REALTORS® can use to help ensure their safety,” Gobber continued. “And, beyond safety, this tool will allow Mainstreet REALTORS® the ability to verify asset and/or financial information about potential clients.”

Existing Mainstreet members will receive specific instructions on how to activate their FOREWARN subscription.

All real estate agencies and agents can learn more about FOREWARN at www.forewarn.com.

About FOREWARN®

At FOREWARN, we bring knowledge to the real estate industry through innovative solutions to ensure safer engagements and smarter interactions. Leveraging powerful analytics and a massive data repository, our solutions enable real estate professionals to gain real-time knowledge, for purposes such as verifying identity, searching for criminal histories, and validating information provided by potential clients such as financial and asset information. Risk assessment and due diligence at your fingertips™.

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 Mainstreet REALTORS®

Mainstreet Organization of REALTORS® (MORe) has a long history of serving REALTORS® and the communities our members reside, work and volunteer in. What began in 1921 as the then DuPage Association of REALTORS®, the organization grew and merged many times to become Mainstreet Organization of REALTORS® in 2007.

Today, with more than 17,000 members, we cover more than 200 municipalities in DuPage County, Lake County and western and southern suburban Cook County, Illinois.

We strive to be a diverse, accessible and trusted leader of resources that empower our members and the consumers they serve to successfully advocate for – and make the most informed decisions about – homeownership.

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 provide MORe REALTORS® a proactive tool to help them stay safe and be productive and whether FOREWARN will be one more tool that MORe REALTORS® can use to help ensure their safe. 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.

RELATED LINKS: www.forewarn.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20190515005206/en/

Source: red violet

Media and Investor Relations Contact:
Red Violet, Inc.
Camilo Ramirez
561-757-4500
ir@redviolet.com