# Prospect statuses and priorities > What each prospect status and priority means in My Prospects, and where you can set and filter by them. A prospect is a property you have saved to work later. Each one carries a **Status** (where you are with it) and a **Priority** (how soon you want to act). You see both on each prospect in **My Prospects**, on the **Deal Search** page. ## Statuses | Status | What it means | |---|---| | **New** | You just saved the prospect and have not started on it. | | **Researching** | You are looking into the property, the owner or the area. | | **Contacted** | You have reached out to the owner or the seller. | | **Ready to Analyze** | You have what you need to run the numbers on it. | | **Passed** | You decided not to pursue it. | You change a prospect's status from the **Status** dropdown on the **Edit** tab of the prospect's details. The **Status** filter above the list offers **All Status**, **New**, **Researching**, **Contacted**, **Ready to Analyze**, **Passed** and **Moved to Analysis**. **All Status** hides prospects you have passed on, so choose **Passed** to see them. A passed prospect's three-dot menu has **Restore**, which sets it back to **New**. ## Priorities | Priority | Use it for | |---|---| | **Urgent** | A prospect that cannot wait. | | **High** | A prospect to work soon. | | **Medium** | A normal prospect. | | **Low** | A prospect you will get to when you can. | Set a prospect's priority from the **Priority** dropdown on the same **Edit** tab. Use the **Priority** filter to show one priority, or **All Priorities** to clear it. You can also sort the list by **Priority**, along with **Date Added**, **Value** and **Address**. > **Note:** Statuses and priorities are for your own organizing. Changing them does not move a prospect into your deal pipeline. To do that, select **Analyze Deal** on the prospect and save the result to your pipeline. ## Related - [Deal stages](https://docs.reinvestorhub.ai/reference/field-reference/deal-stages/) - [Search for properties](https://docs.reinvestorhub.ai/guides/find-and-evaluate-a-property/search-for-properties/)