FOREWARN partners with MIBOR to enhance safety for 10,000 real estate professionals in central Indiana with real-time identity verification services.
Quiver AI Summary
FOREWARN, LLC, a subsidiary of red violet and provider of real-time information solutions for real estate agents, announced that the MIBOR REALTOR® Association will offer its services to about 10,000 members in Indianapolis and surrounding counties to enhance agent safety in real estate transactions. The FOREWARN platform enables users to verify identities, check criminal histories, and confirm client information using just a phone number, optimizing the safety of property showings. MIBOR members will have free access to FOREWARN services as part of their membership, and the association's CEO highlighted its significance in preventing danger and fraud. Existing members will receive activation instructions, while others can learn more about FOREWARN at its website.
Potential Positives
- MIBOR REALTOR® Association will offer FOREWARN® services to approximately 10,000 members, enhancing safety and risk mitigation for real estate agents in central Indiana.
- FOREWARN utilizes advanced analytics and real-time data to verify identities and search for criminal histories, providing agents with vital information to safely conduct their business.
- The service is provided at no additional cost to MIBOR members, creating added value and support for real estate professionals in the region.
- The partnership with MIBOR positions FOREWARN as a key player in promoting real estate agent safety, potentially leading to increased demand for their services within the industry.
Potential Negatives
- The press release includes numerous forward-looking statements that highlight uncertainty about the effectiveness of FOREWARN services in addressing safety and security concerns for MIBOR members, which may lead to skepticism regarding the reliability of the company’s offerings.
- The disclaimer regarding the unpredictability of future results suggests potential risks that could impact the company's credibility and investor confidence.
- The mention of risks and uncertainties in the forward-looking statements may imply that the company is aware of challenges in the market that could hinder the success of their services, negatively affecting their reputation as a provider of safety solutions.
FAQ
What is FOREWARN and how does it benefit real estate agents?
FOREWARN is a real-time information solution that enhances agent safety by verifying identities and searching for criminal histories using just a phone number.
How many members will MIBOR offer FOREWARN services to?
MIBOR will offer FOREWARN services to approximately 10,000 members throughout Indianapolis and 14 surrounding counties in central Indiana.
Is there a cost for MIBOR members to access FOREWARN services?
No, the FOREWARN services are available to MIBOR members at no additional cost to individual agents.
What type of information can FOREWARN provide?
FOREWARN analyzes billions of data points to provide identity verification, criminal history searches, and validation of potential client information.
Where can real estate professionals learn more about FOREWARN?
Real estate agencies, agents, and appraisers 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.
$RDVT Insider Trading Activity
$RDVT insiders have traded $RDVT stock on the open market 10 times in the past 6 months. Of those trades, 1 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $RDVT stock by insiders over the last 6 months:
- DEREK DUBNER (Chief Executive Officer) has made 0 purchases and 2 sales selling 10,000 shares for an estimated $462,096.
- DANIEL MACLACHLAN (Chief Financial Officer) has made 0 purchases and 2 sales selling 10,000 shares for an estimated $462,096.
- JAMES PATRICK REILLY (President) has made 0 purchases and 2 sales selling 10,000 shares for an estimated $462,096.
- STEVEN D RUBIN sold 10,000 shares for an estimated $389,300
- JEFFREY ALAN DELL (Chief Information Officer) has made 0 purchases and 2 sales selling 5,000 shares for an estimated $231,018.
- LISA M. STANTON purchased 1,000 shares for an estimated $36,120
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$RDVT Hedge Fund Activity
We have seen 74 institutional investors add shares of $RDVT stock to their portfolio, and 56 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TRIGRAN INVESTMENTS, INC. removed 386,554 shares (-24.2%) from their portfolio in Q1 2025, for an estimated $14,530,564
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- PEMBROKE MANAGEMENT, LTD added 222,451 shares (+740.2%) to their portfolio in Q1 2025, for an estimated $8,361,933
- WASATCH ADVISORS LP added 177,493 shares (+26.2%) to their portfolio in Q1 2025, for an estimated $6,671,961
- ASHFORD CAPITAL MANAGEMENT INC removed 111,347 shares (-16.0%) from their portfolio in Q1 2025, for an estimated $4,185,533
- AMERIPRISE FINANCIAL INC removed 108,720 shares (-30.0%) from their portfolio in Q1 2025, for an estimated $4,086,784
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Full Release
BOCA RATON, Fla., July 01, 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 MIBOR REALTOR ® Association (“MIBOR”) will offer FOREWARN ® services to approximately 10,000 members it serves throughout Indianapolis and the surrounding 14 counties of central Indiana 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 MIBOR are available to its members at no additional cost to individual agents.
“We continually seek ways to help our members thrive while staying safe in the field,” stated Shelley Specchio, CEO of MIBOR REALTOR ® Association. “FOREWARN is a game-changer in this effort, offering instant identity insights that help mitigate danger and reduce fraud before it ever has a chance to occur.”
Existing MIBOR 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
.
About MIBOR
MIBOR is the professional association representing central Indiana's REALTORS ® . Founded in 1912, MIBOR was established by 43 charter members and today serves the needs of approximately 10,000 professionals in 14 counties. In addition, MIBOR provides a Broker Listing Cooperative ® (BLC ® ) listing service to REALTORS ® in 3 additional counties.
MIBOR's focus is on ensuring an efficient marketplace, strengthening our communities, promoting professionalism and providing the technology resources through the MIBOR Broker Listing Cooperative ® (BLC ® ) listing service that enables members to best serve their clients.
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 MIBOR REALTOR ® Association members and whether FOREWARN will help mitigate danger and reduce fraud for MIBOR REALTOR ® Association members before it ever has a chance to occur. 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
[email protected]
MIBOR Contact
Paula Scheller
Vice President of Marketing and Communications
317-956-1912
[email protected]