FOREWARN App for Real Estate Agents

Despite the continued expansion of information technology, the real estate industry remains dependent on personal interactions with consumers. Engagements often occur with a professional having zero or minimal verified knowledge of the other party.

Leveraging massive data resources and complex analytics, FOREWARN App for Real Estate provides instant knowledge, prior to face-to-face engagement with a consumer, to help real estate professionals better understand and address risk.

Additionally, large numbers of interactions can be scheduled more efficiently, and handled more effectively, with added verification of each individual consumer.

As face-to-face interaction drives the real estate industry, rarely are properties sold without personal interaction between prospective buyers and selling agents.

The continuing expansion of information technology has further empowered buyers to rely less on agent representation of their own. With the ability to easily locate target properties on various online listing services, buyers now regularly contact selling agents directly to make inquiries and schedule property showings. Most real estate agents and brokers may now see between 40%-50% of inquiries coming from unrepresented, unknown, buyers.

A listing agent’s primary selling effort consists of physically walking each inquiring party through the listed property. Frequently, agents do this unaccompanied, with zero knowledge of the person they are now alone with on the property. Safe? No. Additionally, agents often have no method of testing the veracity of the information provided by an individual, including asset or financial information. Efficient? Hardly.

The Value of Instant Due Diligence with FOREWARN

Buyer/Prospect due diligence efforts has not been widely used in the real estate industry due to the time and costs traditionally associated with such an exercise. Agents do not have the luxury of waiting days for results when a prospective buyer is seeking to view a property now. Nor can an agent or brokerage allocate the thousands of dollars traditionally needed to research hundreds of inquiries each month. But what if it was instant with a nominal monthly subscription fee?

• Using only the incoming phone number, FOREWARN App for Real Estate can positively identify over 80% of prospective buyers.
• Identify if your prospect has a criminal history.
• Verify current property and vehicle ownership.
• Verify financial risks (bankruptcies/liens).
• Verify additional phone numbers and full address history.
• Agents can properly and safely plan for showings with a higher level of confidence.

You have the right to know who you are doing business with.

Premium SPARK members will receive access to the FOREWARN App via a personalized email invite within 24-48 hours of activating their SPARK membership. For further questions regarding the FOREWARN App please contact FOREWARN Support at 561-757-4595 or via or support@forewarn.com (Monday – Friday; 9AM-5PM ET).

IMPORTANT – COMPLIANCE:

Please note that you must limit your FOREWARN searches to professional uses only. FOREWARN activity is actively monitored to ensure proper use as outlined in the Subscriber Agreement and the FOREWARN Terms and Conditions.  FOREWARN is a powerful tool intended only for the increased safety and efficiency of your business. Proper use of the service by real estate professionals ensures that we can continue to provide this valuable tool to the industry.