Red Violet announced a partnership with the Massachusetts Association of REALTORS® (MAR) that will provide its FOREWARN platform to more than 22,000 members at no cost.
The deal expands Red Violet’s footprint in the real‑estate vertical, aligning with its strategy to deepen penetration in key markets. FOREWARN offers real‑time identity verification and risk assessment using only a phone number, a feature that enhances safety and compliance for agents.
Red Violet added 284,967 users to FOREWARN by the end of Q3 2024, up from 168,356 users at the end of Q3 2023. The company reported revenue of $19.1 million in Q3 2024, a 20% year‑over‑year increase from $15.8 million in Q3 2023.
The no‑cost offering to MAR members is expected to drive adoption and user engagement, potentially increasing future revenue from the platform and reinforcing Red Violet’s cloud‑native identity intelligence value proposition.
The partnership is part of Red Violet’s broader strategy to partner with REALTOR® associations across the U.S., positioning the company as a preferred identity verification solution for real‑estate professionals.
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