RentACoder Losing Street Cred?

Itninja writes, "Having used RAC several times in the past (as a buyer), I was shocked by a recent experience. I did a bit of looking around to see if I was the only one having problems with Rent-A-Coder. Apparently, I'm not." From the article: "This unfairness of RAC fees motivates the majority of coders to negotiate payment outside the scope of RAC which amounts to you and coder getting a better deal. For example, I have several coders that I fully trust willing to work on projects on a monthly basis because it is easier for him to deal with established clients than to have to bid for projects all the time. It saves me time and trouble because I can work with a person that I trust and he knows what is expected." A comment to this posting links a discussion of RAC at Google Groups, and there the service has its defenders. What has your experience of RAC been, either as a buyer or as a coder?

Comments

The Middleman

[nmb3000]

This sounds like RAC is facing the same problems any other middleman service does eventually. Specifically:

1) People soon start trying to remove the middleman, saving both the client and vendor time and money
2) There are always a few 'bad eggs' in the basket and there's not much you can do about it (and is one reason people start to do #1 above)

I don't think there's anything wrong with RAC establishing relations between coders and buyers, but they shouldn't complain if people stop using them because they've already found a match. I'd much rather find a trustworthy contact for whom I could do freelance development and then stick with them, instead of hunting through offers and making bids.

Re:Which begs the question

[TigerNut]

From the coders' perspective they would be better served if they could submit sealed bids (or at least, if the bids or statistics were only visible to the organization that posted the job). In that way you wouldn't get people going "$500? I can do that for $400" and progressively undercutting each other right out of existence.