The Sales Process

A next-generation building deserves a next-level sales experience. Including the ability to reserve your place in line to select and purchase up to two of the 52 Electric Pass Lodge residences in advance. See below for details and frequently asked questions about the sales process and what you can expect. If you have further questions or need more information don’t hesitate to contact Rod Woelfle at RodW@sliferrfv.com.

Download The Sales Process

Make Your Reservation

Beginning at Noon Mountain Time on Tuesday, January 26, 2021, you will be able to make a reservation through the Electric Pass Lodge website. Your reservation will be time-stamped when your refundable deposit payment is processed. It requires very little information, so you won’t feel rushed, but we do recommend that you connect with your local real estate broker or our sales team and review the Priority Reservation Agreement ahead of time, so you know what to expect.

Making a reservation will establish the order in which you will be able to select your residence. This is important because, although there are 52 wonderful residences, we want you to have the most robust set of options to choose from. Please remember that making a reservation does not mean you’ve secured a specific residence; it just secures your place in line.

You will need to make a deposit of $1,000 in order to place your reservation, and you will be able to do that through the website with a credit card. This deposit is fully refundable at any time, should you decide not to purchase. If you do enter into a Purchase and Sale Agreement, the $1,000 will be applied toward your earnest money deposit at the time of contract. The Priority Reservation Agreement with additional details will be available to you prior to Reservation Day.

To make your reservation deposit, you will just need to enter your credit card details while completing your reservation agreement.

We would love to work with you and your real estate professional throughout the process, and will be paying a 3% commission to all registered buyer-brokers. There will be three opportunities to identify your Realtor – when registering for more information, when completing registration and once more, when executing the contract. If you do not have a Realtor our sales team is here to help you through every step of the process.

Yes, your reservation is assignable, but you will need to contact our sales team for details regarding this process.

Each person will be allowed to make one reservation. You may use this single reservation to purchase as many residences as you desire. However, all residences must be purchased under the same name during your individual selection appointment.

You or a formal representative must make the reservation online. If you do not have representation, please connect with our sales team, so that they can assist you.

In order to make a reservation, you must be 18 years of age or older.

Additional details about Electric Pass Lodge will become available over the next couple of months, ahead of the reservation date. Please connect with us at ElectricPassLodge.com to receive updates. You can be assured that you will have all of the information well in advance of being invited to enter into a Purchase and Sale Agreement. However, remember that your reservation deposit is fully refundable, so you don’t need to worry if you make a reservation and then decide not to move forward at any point and for any reason.

Select Your Favorites

You will receive confirmation notice of your reservation; then, be on the lookout for our website to be updated with new information. Full project details are anticipated to be posted in early February. You will then be able to see features, amenities, and pricing of all residences within the project, and you can start to build your favorites list, so you will be ready to purchase prior to your selection appointment.

Again, your reservation deposit is fully refundable at any time, should you decide not to purchase a residence at Electric Pass Lodge. If you do decide to purchase, you will sign a binding contract at that time.

Should you decide not to purchase, you will need to send a refund request to info@ElectricPassLodge.com and our sales team will assist you.

Purchase Your Residence

You will receive communication setting your selection appointment, which is the date and time at which you will be able to enter into a binding purchase contract for the available residence that you prefer. These sessions are anticipated to occur in late February/early March.

Our sales team will be in close contact with you and/or your real estate agent to ensure that you are prepared for your selection appointment. However, if you miss your scheduled session, we will move to the next reservation holder and you will be able to make your selection based on the available units when your time slot is rescheduled. If you elect not to sign a purchase contract, your reservation will be canceled and your reservation deposit will be refunded to you.

Each reservation allows for the purchase of as many residences as you desire. However, all residences must be purchased under the same name during your individual selection appointment. If you have an interest in purchasing more than one residence please contact the sales team so they can best assist you.

Your purchase contract will have all of these details – which you will have plenty of time to review in advance of your selection appointment. The financial highlights for purchasing up to two residences are a $1k deposit at reservation, a total $10k deposit at the time of contract signing, and then a 10% of residence price deposit at groundbreaking (currently scheduled for early April 2021). If you are purchasing more than two residences your 10% deposit for each residence will be due at the time of contract signing. The balance of the purchase price will not be due until your residence is complete and you close on it, which is currently estimated to occur in spring/summer of 2023.