Final answer:
The correct answer is that Robert must disclose his real estate license status to potential buyers when selling his own property. Transparency and avoiding any conflict of interest are fundamental in such transactions. Correct option is c.
Step-by-step explanation:
The question pertains to the ethical and professional responsibilities of licensed real estate professionals when they are selling their own property. According to best practices and regulations in most jurisdictions, a licensee must disclose their licensed status when selling their own property.
Therefore, the correct answer is c) He must disclose his license status to potential buyers. While advertising the property as "for sale by owner," it is crucial for Robert to disclose that he holds a real estate license. It mitigates potential conflicts of interest and ensures transparency in the transaction.
There is no inherent rule that a licensee must list the property with their brokerage firm, nor is there a rule preventing it, so options b) and d) can be considered incorrect in a general sense. Each state may have different regulations, so Robert should follow Hawaii's specific requirements.