FOREWARN to Provide Identity Verification Services to West Penn Multi-List, Inc. to Promote Agent Safety
Rhea-AI Summary
FOREWARN (NASDAQ: RDVT) will provide identity verification services to West Penn Multi-List, Inc. (WPMLS) members to promote agent safety.
WPMLS will make FOREWARN® available to its 8,000+ real estate professional members in Pittsburgh and surrounding western Pennsylvania communities at no additional cost to individual agents. Services include phone-number-based identity verification, criminal-history searching, and real-time information via web and mobile app.
Positive
- Access to 8,000+ WPMLS members via contract
- No-cost deployment to individual agents increases potential adoption
- Real-time phone-number identity verification and criminal-history search capability
Negative
- No additional cost to agents may limit immediate revenue from WPMLS distribution
Key Figures
Market Reality Check
Peers on Argus
RDVT showed a -1.26% move with modest volume while only one tracked peer (DOMO) appeared in momentum scans, moving -5.79%. Other close peers showed mixed, mostly negative single-day changes, suggesting this news is more company-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 15 | FOREWARN partnership | Positive | +0.8% | New FOREWARN safety services rolled out to Spokane REALTORS members. |
| Jan 05 | Conference presentation | Positive | +3.8% | Company presenting and meeting investors at Needham Growth Conference. |
| Nov 11 | Conference presentation | Positive | +0.2% | Participation in Raymond James TMT and Consumer Conference with investor meetings. |
| Nov 07 | Growth recognition | Positive | -2.0% | Named to TIME’s America’s Growth Leaders of 2026 list with #107 ranking. |
| Nov 05 | Q3 2025 earnings | Positive | +4.5% | Record Q3 revenue, strong margins, cash flow, and expanded capital return program. |
Positive corporate and product news has generally seen modestly positive next-day moves, with one notable divergence on a recognition headline.
Over the last few months, RDVT has reported strong fundamentals and ongoing commercial traction. On Nov 5, 2025, Q3 2025 earnings showed record revenue and cash flow alongside expanding FOREWARN adoption, followed by a 4.5% next-day gain. Subsequent conference appearances in November 2025 and January 2026 also coincided with small positive moves. Another FOREWARN safety partnership announced on Jan 15, 2026 produced a modest 0.81% gain, while a TIME growth-leaders recognition saw a -2.05% reaction.
Regulatory & Risk Context
An effective Form S-3 shelf filed on Nov 19, 2025 allows RDVT to issue up to $150,000,000 of mixed securities over time, with one usage to date via a 424B5 prospectus supplement. This structure provides flexibility to raise capital for general corporate purposes, including working capital, capital expenditures, repurchases, or acquisitions.
Market Pulse Summary
This announcement extends FOREWARN’s identity-verification and safety platform to more than 8,000 West Penn Multi-List professionals at no additional cost to individual agents, reinforcing RDVT’s focus on real estate safety use cases. It builds on prior FOREWARN rollouts and a growing association footprint noted in recent filings and earnings. Investors may watch for further MLS and association partnerships, usage metrics, and any future takedowns from the $150,000,000 shelf registration as indicators of strategic and financial momentum.
AI-generated analysis. Not financial advice.
Pennsylvania-based MLS contracts to make FOREWARN services available for its 8,000+ real estate professional members to promote proactive agent safety
BOCA RATON, Fla., Feb. 13, 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 West Penn Multi-List, Inc. (WPMLS) will offer FOREWARN® services to its 8,000+ members throughout Pittsburgh and the surrounding communities of western Pennsylvania 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 WPMLS are available to its members at no additional cost to individual agents.
“Safeguarding our members and strengthening their ability to serve clients confidently is a fundamental priority for our organization,” stated Bill Gutendorf, CTO of West Penn Multi-List, Inc. “In today’s environment, where unknown risks are a reality of doing business, providing FOREWARN delivers an essential layer of protection. With fast, reliable identity verification available at their fingertips, our members can make smarter decisions and operate with greater security and assurance.”
Existing WPMLS 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 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 West Penn Multi-List, Inc. members and whether FOREWARN will give West Penn Multi-List, Inc. members fast, reliable identity verification allowing members to make smarter decisions and operate with greater security and assurance. 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 February 13, 2026 regarding WPMLS?
How will WPMLS members access FOREWARN services through RDVT?
What safety features does FOREWARN (RDVT) provide to WPMLS agents?
Will WPMLS agents pay to use FOREWARN services provided by RDVT?
Where can non-WPMLS real estate professionals learn more about FOREWARN (RDVT)?
