SOC 2 Compliance in Real Estate Software

From personal client details to sensitive financial transactions, the information managed by real estate software is a prime target for cyber threats. So, how do you ensure that this data stays protected while maintaining client trust?

The answer lies in SOC 2 compliance. SOC 2, or System and Organization Controls 2, is an industry-recognized framework designed to help businesses safeguard their customers’ data. For real estate companies, SOC 2 compliance is non-negotiable.

This guide will explore the importance of SOC 2 compliance for real estate, the key features to look for in compliance tools, and how to select the right solution to ensure your business meets both industry standards and client expectations.

What is SOC 2 Compliance?

SOC 2, or System and Organization Controls 2, is a widely recognized framework that sets standards for how businesses should manage and secure sensitive data. Created by the American Institute of CPAs (AICPA), SOC 2 is designed specifically for technology and SaaS companies that handle customer data, ensuring that their systems are protected against unauthorized access and breaches.

SOC 2 compliance is built around five Trust Service Criteria (TSCs), which assess different aspects of an organization’s security and privacy controls. These criteria include:

• Security: Protecting systems and data from unauthorized access and attacks.
• Availability: Ensuring that systems and services are available for operation and use as agreed upon.
• Processing Integrity: Guaranteeing that system processing is complete, accurate, and timely.
• Confidentiality: Ensuring that sensitive data is protected from unauthorized access.
• Privacy: Safeguarding personal information in accordance with applicable privacy laws and regulations.

For real estate software providers, achieving SOC 2 compliance means demonstrating a strong commitment to safeguarding client data, something that can be a significant differentiator in a competitive industry. It’s a way to show clients and partners that their information is not only secure but also being handled in a transparent and trustworthy manner.

SOC 2’s framework offers clear guidelines, but its true value becomes evident when we consider the specific demands of the real estate sector and the unique risks it faces.

Also read: Differences and Similarities between ISO 27001 and SOC 2

Why Real Estate Software Needs SOC 2 Compliance?

In the real estate industry, data is central to everything, from property transactions to client management. As real estate businesses increasingly rely on software platforms to handle sensitive client information, the need for robust data protection becomes undeniable. 

Here’s why SOC 2 compliance is essential for real estate software platforms.

1. Protecting Client Data

Real estate software platforms are responsible for managing vast amounts of confidential information, including financial records, contracts, personal identification details, and property histories. Protecting this data from unauthorized access or breaches is crucial to maintaining trust and preventing financial losses. 

SOC 2 compliance ensures that robust security protocols are in place to safeguard client data, preventing cyberattacks, data leaks, or unauthorized access.

2. Building Trust with Clients

In an industry where client relationships are built on trust, demonstrating that your software adheres to SOC 2 standards can be a key factor in winning and retaining clients. Clients want to know that their personal and financial information is secure. Achieving SOC 2 compliance provides assurance that your software is proactively protecting their data with comprehensive, well-defined security practices.

3. Meeting Legal and Regulatory Requirements

Various regions have introduced stricter data privacy laws, such as GDPR in Europe and CCPA in California. SOC 2 compliance helps real estate companies stay aligned with these evolving regulatory requirements. By adhering to SOC 2 standards, real estate software providers can ensure that they meet these legal requirements. 

4. Operational Efficiency and Risk Mitigation

Beyond meeting compliance requirements, SOC 2 compliance contributes to operational efficiency. By implementing SOC 2’s rigorous security and privacy protocols, real estate software platforms often see fewer security incidents. Regular risk assessments and continuous control monitoring, which are part of SOC 2 compliance, help identify potential vulnerabilities early, reducing the risk of costly breaches or downtime.

SOC 2 compliance also encourages internal best practices. It ensures that compliance becomes a streamlined, ongoing process rather than a reactive one.

Once the necessity of SOC 2 compliance is established, it’s essential to highlight the key features that enable real estate software to meet these standards effectively.

Simplify Your SOC 2 Compliance Journey with VComply.

VComply offers a comprehensive platform to streamline your SOC 2 compliance process. With features like automated risk assessments, centralized policy management, and real-time audit readiness, VComply ensures your real estate business meets the highest security standards. Start your 21-day free trial today.

Also read: Understanding Differences Between SOC 1, SOC 2, and SOC 3 Reports

Key Features of Real Estate Software SOC 2 Compliance

Achieving and maintaining SOC 2 compliance for real estate software platforms requires a combination of tools and processes designed to ensure that data is managed securely and efficiently. Here are the key features that real estate software platforms must have to comply with SOC 2 standards.

Key Feature	Description
Automated Evidence Collection	Automatically gathers necessary documentation and logs for audits, reducing manual effort and ensuring accuracy.
Continuous Control Monitoring	Provides real-time tracking of security controls and system activities, proactively identifying vulnerabilities or unauthorized access.
Risk Assessment & Management	Regularly evaluates potential risks and vulnerabilities, ensuring mitigation strategies are in place to protect client data and platform integrity.
Vendor Risk Management	Ensures that third-party vendors meet SOC 2 compliance standards, reducing the risk of breaches originating from external partners.
Audit-Readiness	Keeps the platform continuously prepared for audits by organizing documentation, automating report generation, and maintaining up-to-date records.
Policy Management	Develops, updates, and enforces policies for secure data handling, access controls, and encryption, ensuring compliance with regulatory standards.

To achieve and maintain SOC 2 compliance, the next step is identifying the best software solutions available in 2025 that help real estate companies streamline the process.

Also Read: How to Achieve and Maintain Cybersecurity Compliance

5 Best SOC 2 Compliance Software for Real Estate in 2025

When selecting SOC 2 compliance software for your real estate business, it’s important to consider platforms that not only meet security requirements but also integrate seamlessly with your existing tools and workflows. Here are some of the best options for 2025.

1. VComply

VComply is a cloud-based Governance, Risk, and Compliance (GRC) platform designed to simplify and automate the complexities of SOC 2 compliance. Tailored for organizations aiming to safeguard sensitive data and demonstrate robust security practices, VComply offers a comprehensive suite of tools to ensure continuous compliance and audit readiness.

VComply is known for its user-friendly interface, which helps streamline complex GRC processes for businesses of all sizes.

Key Features:

• ComplianceOps: Manage multi-regulatory framework compliance, ensuring adherence to federal and state regulations like the FDA and OSHA. It also tracks control/tasks with evidence, ensuring tasks are assigned and closed appropriately.
• RiskOps: Automate and scale risk management programs, including assessments and inspections, to handle the industry’s complex compliance requirements, minimizing disruptions. Compliance audits are easily facilitated for thorough oversight.
• PolicyOps: Develop, review, and distribute operational policies, ensuring alignment with regulatory standards. It also supports reminders and oversight for timely updates.
• CaseOps: Track and resolve compliance-related cases efficiently with incident management tools that log and manage incidents. Mobile and offline sync features ensure data access anywhere, anytime.

Other Features:

• Centralized Compliance Management: Track, manage, and enforce SOC 2 controls efficiently within a unified platform.
• Seamless Integrations: Connects with existing tools for a unified compliance approach.
• Pre-Built Framework Library: Access ready-to-use frameworks like ISO 27001, SOX, NIST, PCI DSS, and CIS v7.
• Centralized Evidence Repository: Securely store, track, and manage all compliance documents and audit trails in one place, with role-based access.
• Automated Alerts & Escalations: Sends real-time reminders and escalates overdue items, ensuring obligations never slip through the cracks.
• Real-Time Dashboards: Get a live view of your compliance status and risk posture with customizable reports.

Pricing: Custom pricing for startups, non-profits, and enterprise plans. 

Trial and Demo: VComply offers a free demo and a 21-day free trial for businesses interested in exploring the platform’s capabilities.

2. Scrut Automation

Scrut Automation is an advanced Governance, Risk, and Compliance (GRC) platform designed to streamline and automate the SOC 2 compliance process. It offers a unified solution that integrates with over 75 tools, enabling real-time monitoring, automated evidence collection, and continuous control assessments. Tailored for startups to enterprises, Scrut aims to simplify the complexities of SOC 2 compliance through intuitive workflows and expert support.

Key Features:

• Automated Evidence Collection: Integrates with 75+ tools to automatically gather audit-relevant evidence, reducing manual effort and ensuring accuracy.
• Continuous Control Monitoring: Provides real-time visibility into the effectiveness of security controls, alerting teams to potential issues proactively.
• Policy Management: Offers a library of pre-built, auditor-approved policies with customization options to align with organizational needs.
• Vendor Risk Management: Facilitates comprehensive vendor assessments and ongoing monitoring to mitigate third-party risks.
• Expert Support: Provides access to a team of compliance experts to guide organizations through the SOC 2 journey.

Pricing: Scrut offers a customized pricing model based on the organization’s size, complexity, and specific compliance requirements. 

Trial and Demo: Scrut provides a personalized demo to showcase the platform’s capabilities.

3. Drata

Drata is a compliance automation platform designed to streamline SOC 2, ISO 27001, HIPAA, and other regulatory frameworks. It offers a comprehensive suite of tools to automate evidence collection, continuous control monitoring, and audit readiness, aiming to reduce the time and complexity associated with compliance processes.

Key Features:

• Automated Evidence Collection: Integrates with over 20 systems to automatically collect and organize compliance evidence.
• Continuous Control Monitoring: Provides real-time visibility into control effectiveness and alerts for potential issues.
• Pre-built Policies: Offers over 20 editable, auditor-approved security policies to simplify policy management.
• Risk Assessment Tools: Includes built-in self-assessments to evaluate the effectiveness of security programs.
• Vendor Risk Management: Facilitates the management of third-party risks through integrated workflows.

Pricing: Drata offers customized pricing for its two platform bundles:

• Drata Trust Management Platform: Tailored for Governance, Risk, and Compliance (GRC) program needs.
• SafeBase Trust Center + AI Questionnaire Assistance: Designed to enhance trust visibility and streamline security questionnaires.

Trial and Demo: Drata provides a personalized demo to explore the platform’s capabilities.

4. AuditBoard

AuditBoard is a comprehensive Governance, Risk, and Compliance (GRC) platform designed to streamline SOC 2 compliance processes. Trusted by over 50% of the Fortune 500, it offers scalable solutions that integrate risk management, audit, and compliance workflows into a unified system.
Key Features:

• CrossComply: Automates evidence collection and centralizes control mapping across multiple frameworks, including SOC 2, ISO 27001, and GDPR.
• Real-Time Dashboards: Provides visibility into compliance status, highlighting gaps and overdue tasks for proactive remediation.
• Automated Workflows: Streamlines task assignments, evidence gathering, and reminders to reduce manual effort and improve efficiency.
• Integrated Risk Management: Connects compliance activities with broader risk management processes, ensuring alignment across the organization.
• Customizable Reporting: Offers flexible reporting tools to track trends, uncover insights, and make data-driven decisions.

Pricing: AuditBoard employs a solution-based custom pricing model.

Trial and Demo: AuditBoard offers a free demo for organizations interested in exploring its capabilities.

5. Vanta

Vanta is a leading compliance automation platform designed to simplify and accelerate the SOC 2 compliance journey. Trusted by over 12,000 companies, including startups and enterprises, Vanta integrates seamlessly with your existing tech stack to automate evidence collection, continuous monitoring, and audit readiness. 

Key Features:

• Automated Evidence Collection: Integrates with over 300 tools to automatically gather audit evidence, reducing manual effort.
• Continuous Control Monitoring: Conducts hourly checks to ensure ongoing compliance and provides real-time alerts for any deviations.
• Customizable Controls: Allows for the importation of custom controls and policies tailored to your organization’s needs.
• Centralized Trust Center: Provides a unified dashboard to manage security tasks, track progress, and demonstrate compliance to stakeholders.

Pricing: Vanta offers custom pricing based on the specific needs and size of your organization. 

Trial and Demo: Vanta provides personalized demos tailored to your organization’s security and compliance requirements. 

With so many options available, selecting the right platform for your business can be a daunting task. To help you navigate this decision, let’s understand the key factors to consider when choosing the best SOC 2 compliance software.

Also read: How Does Your Organization Comply with PCI DSS? All You Need to Know

How to Choose the Right SOC 2 Compliance Software for Your Real Estate Business

Choosing the right SOC 2 compliance software for your real estate platform is crucial to ensuring that your compliance efforts are efficient, cost-effective, and tailored to your specific needs. Here are the key factors to consider when selecting a solution:

1. Consider Your Business Size and Complexity

The size of your business plays a significant role in determining which SOC 2 compliance software is best suited for your needs. Smaller real estate platforms with fewer employees may not require as robust a solution as larger firms. It’s important to select a platform that scales with your business as it grows.

2. Budget Considerations

SOC 2 compliance software can vary in cost, so it’s important to align your choice with your budget. For smaller businesses, affordable platforms that offer essential compliance features can help manage costs while still ensuring compliance. Larger organizations may need to invest in more comprehensive platforms, which come with advanced features and higher price points, but provide long-term value through enhanced security and support.

3. Integration with Existing Systems

Choosing SOC 2 compliance software that integrates well with your current tech stack is essential for streamlined operations. Ensuring compatibility with your CRM, property management, and accounting systems will help automate workflows and reduce manual data entry, making compliance management more efficient and reducing the risk of errors or omissions.

4. Ease of Use

SOC 2 compliance can be complex, so it’s important to choose a platform with an intuitive interface that makes it easy for your team to manage compliance without requiring extensive training or technical expertise.

5. Scalability

As your real estate business grows, so will your compliance needs. Choose software that is scalable and can handle increasing complexity, additional integrations, and larger volumes of data.

6. Expert Support and Guidance

SOC 2 compliance can be a complex process, especially if your real estate business lacks in-house expertise. Some software solutions offer expert advisory services to help guide you through the compliance process.

By considering these factors, you can identify the best SOC 2 Compliance Software for your organization.

If you’re looking for a platform that combines a user-friendly interface with scalable automation tools, VComply offers an excellent balance. Known for simplifying the complexities of SOC 2 compliance, VComply streamlines risk management, policy development, and audit readiness with customizable features. 

Its real-time dashboards, centralized compliance management, and seamless integrations make it an efficient choice for businesses of all sizes looking to simplify their risk and compliance processes while ensuring continuous compliance and security.

Also read: SOC 2 Compliance: A Beginner’s Guide to Understanding Requirements in 2025

Conclusion

Achieving SOC 2 compliance is essential for real estate businesses to ensure the security and privacy of sensitive client data. It helps businesses safeguard their systems, build trust with clients, and comply with industry regulations. By meeting SOC 2 standards, real estate companies can demonstrate their commitment to data security and stand out in a competitive market.

For real estate businesses looking to simplify their compliance journey, VComply offers an intuitive and powerful platform designed to streamline SOC 2 compliance. With customizable workflows, real-time monitoring, and automated evidence collection, VComply ensures your business remains secure and audit-ready. 

Start your 21-day free trial and simplify compliance for your business!

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