FOREWARN to Provide Identity Verification Services to Pacific West Association of REALTORS® to Promote Agent Safety

Pacific West Association of REALTORS will provide FOREWARN’s identity verification tool to over 10,000 members as a free, ongoing safety benefit.

Rhea-AI Summary

red violet (RDVT), through subsidiary FOREWARN, has contracted with the Pacific West Association of REALTORS® (PWR) to provide its real-time identity verification and risk-assessment service to more than 10,000 real estate professionals in California.

PWR will offer FOREWARN as a member benefit at no additional cost to individual agents, accessible via web and mobile app. The service uses phone-number based searches across billions of data points to help agents verify identity, check for criminal histories, and validate client-provided information before showings or meetings. PWR’s leadership positions this rollout during REALTOR® Safety Month as part of an ongoing focus on agent safety and fraud mitigation.

Positive

• FOREWARN deployed to 10,000+ PWR members as a contracted safety service
• Service provided to PWR agents at no additional cost to individual members

Negative

• None.

Market Context

At publication, RDVT stood at $74.72 after a 1.86% prior-day decline; peers were also mostly lower, ...

Analysis

At publication, RDVT stood at $74.72 after a 1.86% prior-day decline; peers were also mostly lower, so the PWR contract entered a broadly weak software market rather than a clearly isolated target move.

Key Figures

Member reach: 10,000+ real estate professionals

Member reach

10,000+ real estate professionals

Pacific West Association of REALTORS® members receiving FOREWARN access

Key Terms

identity verification, due diligence, fraud detection, regulatory compliance

4 terms

identity verification technical

"PWR will offer FOREWARN® services to its 10,000+ members"

Identity verification is the process companies use to confirm that a person is who they claim to be, typically by checking IDs, biometric data, or trusted databases. For investors, it matters because effective verification reduces fraud and legal risk, speeds customer onboarding, and protects a firm's reputation—much like a bouncer checking IDs at a club to keep the place safe and compliant with rules.

due diligence regulatory

"purposes such as verifying identity, searching for criminal histories"

Due diligence is the careful investigation and analysis someone conducts before making a decision, such as investing money or entering into an agreement. It’s like researching thoroughly before buying a used car to ensure it’s in good condition; this helps prevent surprises and makes informed choices. For investors, due diligence reduces risk by verifying details and understanding what they’re getting into.

View in glossary

fraud detection technical

"identity verification, risk mitigation, due diligence, fraud detection"

Fraud detection is the set of methods and tools used to spot false, misleading, or illegal financial activity—such as fake transactions, manipulated reports, or identity theft—before it causes major harm. It matters to investors because catching fraud early protects a company’s cash, reputation, and legal standing, much like a smoke detector alerts you to a small fire before it spreads; failures in detection can lead to sudden losses, regulatory fines, and plunging share prices.

regulatory compliance regulatory

"fraud detection and prevention, regulatory compliance, and customer acquisition"

Regulatory compliance is the process of ensuring that a company follows all applicable laws, rules, and standards set by government authorities or industry bodies. It is important to investors because it helps prevent legal penalties, financial losses, and reputational damage, contributing to the overall stability and trustworthiness of a business. Think of it as following the rules of a game to play fairly and avoid penalties.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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One of the largest local REALTOR® Associations in the state of California contracts to make FOREWARN services available for its 10,000+ real estate professional members to promote proactive agent safety

BOCA RATON, Fla., Sept. 09, 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 Pacific West Association of REALTORS^® (PWR) will offer FOREWARN^® services to its 10,000+ members throughout the State of California 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 PWR are available to its members at no additional cost to individual agents.

“Agent safety shouldn't be a once-a-year conversation, but REALTOR^® Safety Month gives us a natural moment to act on it,” stated Derek Sprague, CEO of Pacific West Association of REALTORS®. “That's why we're thrilled to introduce FOREWARN as a new member benefit this September. While we set aside time each year to spotlight the importance of protecting our agents, the truth is that safety risks, along with the fraud that often accompanies them, show up every single day in the field. Giving our members instant, reliable identity verification means they can walk into any showing or meeting with a stranger, or vet an unfamiliar lead online, and know they've taken a real step toward protecting both their safety and their business. We're proud to make this essential tool part of how we support our members, not just this month, but all year long.”

Existing PWR 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-embedded 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 Pacific West Association of REALTORS^® members; whether FOREWARN will help Pacific West Association of REALTORS^® members make more informed decisions through real-time identity verification and risk insights; and whether FOREWARN will allow agents to properly and safely plan for showings with a higher level of confidence. 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

How will Pacific West Association of REALTORS® members access their FOREWARN benefit?

Existing PWR members will receive specific instructions on how to activate their included FOREWARN subscription. The service is available both online and through a mobile application, giving members access to identity verification, criminal history searches, and information validation tools using just a phone number.

Who else can sign up for FOREWARN beyond PWR members?

All other real estate agencies, agents, and appraisers who are not part of PWR can learn more about FOREWARN and how to obtain access by visiting www.forewarn.com.

What types of risk checks does FOREWARN enable for real estate professionals?

FOREWARN leverages analytics and a large data repository to help users verify identity, search for criminal histories, and validate information provided by potential clients using a phone number, enabling agents to better plan showings and meetings with a higher level of confidence.