You can easily do that with a workflow rule, just set as criteria ISCHANGED(OwnerId) and add a field update which updates Status field with the value you desire.
If you want to learn more about workflows and other automation tools, check these links:
You can easily do that with a workflow rule, just set as criteria ISCHANGED(OwnerId) and add a field update which updates Status field with the value you desire.
If you want to learn more about workflows and other automation tools, check these links:
[1]
https://help.salesforce.com/htviewhelpdoc?id=customize_wf.htm&siteLang=en_US
[2]
https://developer.salesforce.com/trailhead/module/business_process_automation