If you do not already have DNS records on the Godaddy account when you transfer a domain it will leave the current nameservers pointing to the other party. This allows you control over changing the dns records when you wish to vs. it happening all of a sudden when the transfer completes. Go into the DNS manager and change the nameservers to "default" if you wish to manage your DNS on that Godaddy account. Keep in mind you will be given default dns records and will need to update them for your website and email. Hope that helps!