The Consumer Fraud Act applies to real estate agents in their capacity as an agent for the seller of the property.  In essence they are professional sellers and are required to assure that they make accurate disclosures pertaining to any property they sell.  The courts recently demonstrated that when a realtor makes a mistake as to the location of the property they can be sued under the New Jersey Consumer Fraud Act.  In Vagias v. Woodmont Properties, 384 N.J.Super. 129, 136 (App.Div 2006) the Appellate division held that a realtor's misrepresentation *** is a serious matter and violates the Act. N.J.S.A. 56:8-2. 

The realtors also have a code of ethics that they must fulfill when they represent a buyer or seller and the failure to do so can result in both disatisfied customers and lawsuits.