# What is the difference between Closed Deal, Lost Deal, and Dead?

Closed Deal is a deal that closed and funded with title; it updates your KPIs and moves the lead out of your active pipeline into completed leads (your transaction coordinator marks these). Lost Deal is a deal you were in talks on where the seller closed with another company, and you only set it once that house closes; it is held for a manager to review the calls for training. Dead is only for dead-end records: not the homeowner, no knowledge of you, a bad or disconnected number, a duplicate, or a fake lead.

Read online: https://docs.closemagnet.com/articles/questions/closed-lost-dead