IMPORTANT – COMPLIANCE:
As a professionally licensed agent, you can use FOREWARN to verify the identity and potential risks associated with your business prospects. Please note that you must limit your FOREWARN searches to professional use only. FOREWARN is only to be used for verifying inbound prospects that have initiated the interaction, such as when a potential buyer or seller have contacted you or initiated a request for information. The FOREWARN service is not to be used for marketing (e.g. prospecting for potential leads/clients) or to determine anyone’s eligibility for credit, insurance, or employment, or for any other purpose regulated by the Fair Credit Reporting Act. Search activity is actively monitored (search terms and volume) to ensure proper use by our Subscribers as outlined in the Subscriber Agreement and the FOREWARN Terms and Conditions. Any use that is outside of the outlined proper usage that you agree to upon activating your account is prohibited and can result in your service being terminated. The specific compliance and use terms can be viewed here (https://www.forewarn.com/termsandconditions/), however below are a few examples of ways you should NOT use FOREWARN:
- DO NOT use FOREWARN to search for anyone who is not engaging in business with you (including, but not limited to celebrities, public figures, friends, family).
- DO NOT share information from FOREWARN, or your FOREWARN access credentials, with any third-party and DO NOT publicly post such information.
- DO NOT tell a prospect that they are not permitted, or unqualified, to purchase or sell a property because of information you obtain from FOREWARN.
- DO NOT use information from FOREWARN to harass or intimidate anyone, or to otherwise violate applicable laws.
The above examples are NOT meant to be all-encompassing, and you should refer to the Subscriber Agreement and the FOREWARN Terms and Conditions for additional information. FOREWARN is a powerful tool intended 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.
Posted by: Byron King on 03/10/23 (This information is only accurate as of 03/10/23. You must contact SCR for updates and changes to this information after 03/10/23 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)
This information is not legal advice. This information is intended only to provide general information and may not be relied upon as specific legal guidance. Legal counsel should always be consulted before acting in reliance on this information.