What is the primary purpose of the features list prepared by a licensee?

The primary purpose of the features list prepared by a licensee is to attract potential buyers. This document effectively highlights the key characteristics and benefits of a property, allowing prospective buyers to quickly grasp what makes the property desirable. By showcasing features such as amenities, layout, and unique selling points, the licensee can create a compelling narrative around the property, thereby generating interest and increasing the chances of a sale.

This approach is essential in the competitive real estate market, where first impressions matter, and buyers often decide quickly if a property meets their needs. The other choices might play roles in different aspects of real estate transactions but are not the main focus of the features list. Legal requirements, financing options, and property appraisals, while important in the broader real estate process, do not pertain directly to the primary function of the features list aimed at capturing buyer interest.