FOREWARN partners with GBBR to provide safety services to over 5,000 real estate agents in Baltimore at no extra cost.
Quiver AI Summary
FOREWARN, LLC has announced that the Greater Baltimore Board of REALTORS® (GBBR) will provide its real-time safety services to over 5,000 members in the Baltimore area. This service, accessible online and via a mobile app, allows real estate agents to enhance their safety by verifying client identities, checking criminal histories, and confirming information using just a phone number. GBBR members will have access to these services at no additional cost, reinforcing the organization's commitment to the safety and well-being of its agents. CEO Alan R. Ingraham expressed the importance of this tool in empowering agents and improving their confidence when planning showings. Further information about FOREWARN is available on their website.
Potential Positives
- FOREWARN services will be offered to over 5,000 members of the Greater Baltimore Board of REALTORS® at no additional cost, promoting agent safety and enhancing value for the company's clients.
- The integration of FOREWARN technology provides real estate agents with proactive risk mitigation tools, potentially reducing safety incidents in the industry.
- FOREWARN's ability to analyze billions of data points for identity verification and criminal history checks enhances the credibility and effectiveness of real estate transactions.
- This partnership may strengthen FOREWARN's market presence and reputation as a leader in real-time information solutions for safety in real estate.
Potential Negatives
- The press release includes forward-looking statements that are accompanied by significant disclaimers regarding risks and uncertainties, indicating that the effectiveness of FOREWARN in promoting safety for GBBR members is not guaranteed.
- The reliance on disclaimers may lead to skepticism regarding the actual benefits and effectiveness of FOREWARN's services, which could negatively impact investor and consumer confidence in the company.
- By emphasizing the tool's limitations in addressing safety and security areas, the company may inadvertently undermine the credibility and reliability of its product offerings.
FAQ
What services does FOREWARN provide to real estate agents?
FOREWARN provides real-time identity verification, criminal history searches, and information validation using just a phone number for real estate safety.
How many members will benefit from FOREWARN services?
FOREWARN services will be offered to over 5,000 members of the Greater Baltimore Board of REALTORS®.
Is there a cost for GBBR members to access FOREWARN?
No, FOREWARN services are available to GBBR members at no additional cost.
How does FOREWARN enhance real estate agent safety?
FOREWARN enhances safety by enabling agents to mitigate risks and properly plan for showings with more information at their fingertips.
Where can non-GBBR real estate professionals learn more about FOREWARN?
Non-GBBR real estate agencies and agents can learn more about FOREWARN by visiting www.forewarn.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
BOCA RATON, Fla., Jan. 13, 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 Greater Baltimore Board of REALTORS® (“GBBR”) will offer FOREWARN® services to its 5,000+ members it serves throughout the Baltimore 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 GBBR are available to the 5,000+ members at no additional cost to individual agents.
"Our commitment to safeguarding our members and staying ahead of potential risks is unwavering," stated Alan R. Ingraham, CEO of Greater Baltimore Board of REALTORS®. "By providing this cutting-edge tool in FOREWARN, we enhance both the security and well-being of our members, ensuring they remain empowered and well-supported."
Existing GBBR 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 Greater Baltimore Board of REALTORS® members. 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
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
