FOREWARN to Provide Identity Verification Services to Las Vegas REALTORS® to Promote Agent Safety
Rhea-AI Summary
FOREWARN (NASDAQ: RDVT) announced that Las Vegas REALTORS® will offer FOREWARN services to its 16,000+ members at no additional cost, providing phone-number based identity verification, criminal-history searching, and data validation via web and mobile to help agents plan showings more safely.
Existing LVR members receive activation instructions; others can learn more at the company website.
Positive
- Access to 16,000+ Las Vegas REALTORS members through a local association agreement
- Service available on web and mobile, supporting broad agent adoption
- Provides phone-number based identity verification and criminal-history searching
Negative
- Services offered to 16,000+ members at no additional cost, limiting immediate subscription revenue from that cohort
- No financial terms disclosed, leaving near-term revenue impact unclear
News Market Reaction – RDVT
On the day this news was published, RDVT declined 2.08%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
RDVT was down 0.96% while several peers also traded lower: DOMO -2.29%, RBBN -0.9%, RSKD -1.71%, PRO -0.04%, with VTEX up 1.28%, pointing to mixed, stock-specific dynamics rather than a clear sector-wide move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 23 | FOREWARN expansion | Positive | +4.0% | Buffalo Niagara association adds FOREWARN for 3,600+ members at no extra cost. |
| Mar 04 | Earnings results | Positive | +1.7% | Record Q4 and FY2025 with 20% revenue growth and higher profitability. |
| Mar 04 | FOREWARN expansion | Positive | +2.8% | Greater Tulsa association adds FOREWARN for 5,000+ members, no additional cost. |
| Feb 19 | FOREWARN expansion | Positive | +0.0% | Memphis association offers FOREWARN to 4,600+ members to enhance agent safety. |
| Feb 18 | Earnings date set | Neutral | -0.2% | Company schedules Q4 and full-year 2025 earnings release and conference call. |
Recent FOREWARN association deals and strong earnings have generally seen modestly positive price reactions.
Over the past months, RDVT has combined steady FOREWARN expansion with solid fundamentals. Multiple REALTOR® association agreements (Memphis, Tulsa, Buffalo Niagara) added access to 3,600+, 4,600+, and 5,000+ members, typically with services offered at no additional cost. On Mar 4, 2026, Red Violet reported record 2025 results with $90.3M revenue and $0.91 GAAP diluted EPS, which also drew a positive reaction. Today’s Las Vegas REALTORS® deal continues this pattern of broadening FOREWARN’s user base.
Regulatory & Risk Context
The company has an effective Form S-3 shelf filed on 2025-11-19, allowing it to offer up to $150,000,000 of mixed securities over time for general corporate purposes, including working capital, capital expenditures, potential repurchases or redemptions, and possible acquisitions or business expansion.
Market Pulse Summary
This announcement adds Las Vegas REALTORS®, with 16,000+ members, to the growing list of associations offering FOREWARN identity verification and safety tools at no additional cost to agents. It builds on earlier partnerships in Memphis, Tulsa, and Buffalo Niagara and follows strong 2025 results, including $90.3M in revenue and expanding profitability. Investors may watch how quickly these large memberships translate into active FOREWARN users and how this complements Red Violet’s broader identity-intelligence strategy.
AI-generated analysis. Not financial advice.
The largest local REALTOR® Association in Nevada contracts to make FOREWARN services available for its 16,000+ real estate professional members to promote proactive agent safety
BOCA RATON, Fla., March 26, 2026 (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 Las Vegas REALTORS® (LVR) will offer FOREWARN® services to its 16,000+ members throughout Las Vegas 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 LVR are available to its members at no additional cost to individual agents.
“Our organization is committed to ensuring our members have access to resources that strengthen both their safety and their professional success,” stated George Kypreos, President of Las Vegas REALTORS®. “FOREWARN provides a simple and effective way for agents to verify prospect identity in seconds. By making FOREWARN available to our members, we are helping them reduce uncertainty, mitigate potential threats, and focus on serving their clients with greater peace of mind.”
Existing LVR members will receive specific instructions on how to activate 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 cloud-native, AI-enabled identity intelligence 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, enhance safety, and mitigate fraud and the related financial losses 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 Las Vegas REALTORS® members and whether FOREWARN will help Las Vegas REALTORS® members reduce uncertainty, mitigate potential threats, and focus on serving their clients with greater peace of mind. 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
FAQ
What did FOREWARN (RDVT) announce on March 26, 2026 about Las Vegas REALTORS?
How will Las Vegas REALTORS members activate FOREWARN subscriptions under RDVT's agreement?
What safety features does FOREWARN (RDVT) provide to real estate agents?
Will Las Vegas REALTORS members pay for FOREWARN services under the new arrangement with RDVT?
Where can non-Las Vegas REALTORS agents learn more about FOREWARN (RDVT) services after the March 26, 2026 announcement?
